Jacques Villeneuve on Friday confirmed he is working on a “F1 project”.<\/p>\n
Earlier, the 1997 world champion and his spokeswoman declined to confirm reports he is bidding to return to the grid next year with ‘Villeneuve Racing’.<\/p>\n
“I’ve never made it a secret that I’m working hard on an F1 project,” the 39-year-old French Canadian told BBC Sport.<\/p>\n
“But I’ve not discussed the details or what my plans were and I won’t be drawn on it now.\u00a0 I’m not commenting,” said Villeneuve.<\/p>\n
And his manager Rick Gorne, involved in the establishment of Brackley based BAR in 1999, added: “There is an element of truth in the rumours.<\/p>\n
“F1 is a possibility — he does have the intention to get back.\u00a0 It’s a project we’re working on.”<\/p>\n
The FIA did not comment on suggestions Villeneuve Racing is among three teams being considered for the last place in the 2011 pitlane.<\/p>\n
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