There are plans for a Brabham-branded supercar, which would be promoted by a new Brabham Formula 1 team, following the McLaren business model.
The project would involve the purchase of the Force India F1 team, which is doing well at the moment, but will soon be sold because the two owners both have serious legal troubles in India. The main protagonist, Vijay Mallya, was recently placed under arrest in England on an extradition warrant.
Mallya was released on bail but now faces an extradition hearing on May 18. His partner in Force India, Subrata Roy, has similar (but larger) troubles in India and has spent much of the last two years in jail. Neither of them can realistically continue with Formula 1, but they want between £200 million and £270m for the team, and so selling it has not been easy. Reports suggest that they may have to accept as little as £150m, although one of the bidders may be willing to pay over the odds to secure the sale.
The price of the F1 teams will only rise if the new owners Liberty Media is able to convince all the teams to reduce costs and to move towards a franchise model. If that happens, the value of the teams will skyrocket. As Formula 1 is now listed on the NASDAQ stock exchange, interest in the sport is growing, particularly in the US investment market, where sports franchises are deemed to be very valuable.
The Brabham revival is believed to be backed by money from US investors and the plan is for the Silverstone-based team to be rebranded and used to promote a supercar company. This would be similar in concept to McLaren's business plan, which has proved to be very successful in the course of the last 25 years.