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One of the biggest names in the motorsport and automotive industries will make his return later this week (Thursday).
Tom Walkinshaw, former boss of the Arrows F1 team, which ran into financial problems and withdrew halfway through the 2002 World Championship season, has been out of the spotlight for three years now, but the man behind so many motorsport success stories: Jaguar's meteoric successes in Sportscar racing, Volvo's all-conquering British Touring Car campaign victories in the Le Mans 24 Hours, the TWR-conceived Aston Martin DB7, Formula One Championship success with Benetton and countless wins with Holden in Australian saloon car racing, is back in business. With a formidable reputation in the world of motorsport engineering, Tom Walkinshaw is returning to the arena in which he excelled for so many years.
Later this week, the newly-formed Tom Walkinshaw Group (TWG) will announce two exciting projects: one in motorsport and one in the road-going automotive sector.
Our sources indicate that an announcement on Super Aguri's entry in the 2006 Formula One World Championship could be made byThursday lunchtime
We understand that following last-minute legal discussions, the issue has only been delayed by the fact that Monday was holiday in Japan
If the Japanese team's entry has been accepted, and by all accounts it will be, the F1 grid will feature more than ten teams for the first time since 2002, when Arrows withdrew halfway through the season.
I mean, I'm getting tired of him showing up. Can the next person that makes an end to his business affairs make sure he never gets back on his feet please?
granprix.com article has this...
Tom Walkinshaw is planning to return to motor racing with a new company called the Tom Walkinshaw Group Ltd. The company is registered in Hertford in England. Walkinshaw intends to announce two new projects shortly: one in racing and one in the automotive sector. Walkinshaw has keen keeping a low profile in recent years since the collapse of his TWR Group and the Arrows F1 team, although he has been working with Holden in Australian racing.
The original Tom Walkinshaw Racing company was dissolved in 2003 but it is worth noting that a new Tom Walkinshaw Racing company, registered in Hounslow, was registered in 2004.
It is expected that the new company will be involved in touring car racing.