David Brabham, the former Formula One driver and son of Formula One legend Jack Brabham has relaunched the Brabham name with aim of one day returning the iconic name to the Formula One grid by building and funding a sustainable team by launching 'Project Brabham'.
The Brabham team raced in Formula One from 1962 until their final race, the 1992 Hungarian Grand Prix.
Brabham wants to get a team together to race in next year's World Endurance Championship with the eventual aim of returning to Formula One and are targeting winning the LMP2 category at the Le Mans 24 Hours within three years.
The idea behind the project is to get fans up close and personal to the world of motor racing by offering them the chance to purchase a stake in the team for as £1.
In return, fans will be given unique behind the scenes access to the team. Speaking about 'the Brabham Project. David Brabham said:
'Looking at the normal racing model was not exciting or sustainable enough for me to rebuild the team from scratch. For me to bring Brabham back we have to do things differently.
After careful consideration and research we have created a new model of open source racing, which will bring fans closer to the action, inspire drivers and engineers around the world and offer the rare opportunity to be a part of this new but historical race team.'
The Brabham name is now back under the family's control and it is an absolutely fantastic and unique idea to try and return the famous name to Formula One. For more information about the Brabham Project visit: https://www.indiegogo.com/projects/project-brabham
© Ben Johnston 2014