The British team Veloqx confirmed his return to competition after two decades through his participation in the senior category of the World Endurance Championship, something that would materialize in 2024 or 2025, with a hypercar whom he will baptize as Fangio, in honor of the five-time champion of the Formula 1.
Sam li, owner of the British structure, assured that he has the rights to use the name of the Quintuple "In the fields of motoring and automotive". And I add: "His name symbolizes the best ... I imagine that Mr. Fangio would be proud of our project."
Veloqx won the British GT Championship in 2002 and in 2003 it was imposed in the class GTS in the 24 Hours of Le Mans with Prodrive as a partner. During those years he also competed successfully in the Le Mans Endurance Series as Audi Sport UK Team Veloqx.
Li decided to stop competing 20 years ago to focus on his real estate business and now believes that he has everything to fight for victory in the WEC. “I have worked with a manufacturer and I have been successful, but I wanted to grow the company to the point where I could have more added value technically when I returned. Now I am committed to trying to win Le Mans under the name Veloqx. ", explained the businessman to Motorsport.
In addition to baptizing its hypercar as Fangio, the vehicle will be powered with an engine capable of using biofuel, including green hydrogen. The driver is in charge of Ulrich baretzky, former head of Audi engines at the time that the German brand was the dominator of endurance racing.