Chinese Le Mans team has F1 dream 13 February, 2013 First Chinese team to enter Le Mans Formula 1 could soon have a Chinese team. Recently, Hong Kong-based KC Motorgroup (KCMG) became the first Chinese entry to be confirmed for the fabled Le Mans 24 hour race. Headed by Paul Ip, the outfit this week took delivery of its Morgan chassis for the LMP2 class, which will be driven by Shanghai-based Swiss driver Alexandre Imperatori. “I started KC Motorgroup with one ambitious goal in mind – be the first formula one team in China,” said Ip. Tweet Apex Assassin Lol, a bit of a jump from starting a LMP2 team to making the grid in F1, wouldn’t you say? McLarenfan That is a very large leap. pulltheotherone I bet they would produce the meanest special fried rice in Formula 1 Nowhereman Money talks and they have tons of it. coefficientf1 Yep, you need money to burn to be a start up team! To make a modern standard F1 facility you need $0.5billion and then you have to pay the team to design and make the cars, then you have to pay suppliers and go racing and until you get into the points Bernie Won’t pay your freight costs which are between 6 and 12 million dollars per season depending on the team size. Sure it is possible to spend $40 million a year and call yourself an F1 team but we all know that’s just fantasy. HRT were 7 seconds of the pace at times and at Monaco would’ve qualified midfield for a GP2 race. That is not F1 standard. It’s like entering a VW Beetle in the Porsche Supercup. A good laugh but ultimatel Pointless. So, I hope these boys have got plenty of money!!