September 15, 2003
Andy Graydon, joint administrator for the F1VWC, today announced that FinOz would be joining the list of teams entering the league after the 2003 season ends.

The agreement for FinOz to join the F1VWC has been running in the background for over a month now, and the confirmation had to be brought forward due to several teams wishing to join the league from the SFO. The following press release confirms the details available so far:

Team Name: FinOz Racing

Team Manager: Kari Koski, who released the following statement -

"Brand new team called FinOz Racing is working hard to make their debut at Australian Grand Prix in March 2004.

The Team can confirm one driver for sure, Kari Koski from Finland and they are having intense negotiations with IGPC 2003 Champion Australian Steve Elencevski to join the team. Koski and Elencevski have very successful partnership during 2003 season at IGPC as Steve was crowned drivers champion when there were still 3 races to go.

Currently Koski is fighting over the 2nd place and their team Megatron is also confirmed as Constructors champion as well. Steve has won 9 races out of 13 and has been on pole also 9 times (from 14 qualifications). Koski haven't been as successful as his team-mate, he is still after his first pole and win. He has been on the podium 8 times this season, 5 times in 2nd.

These are the first news around the team and we are very happy to be involved to this Championship. More news when we have more to tell."