Jacques Villeneuve is close to securing a contract to return to formula one with the new USF1 team in 2010, Germany's Sport Bild reports on Wednesday.

Jacques Villeneuve is close to securing a contract to return to formula one with the new USF1 team in 2010, Germany's Sport Bild reports on Wednesday.

The French-Canadian, now 38, last won a grand prix in his championship year in 1997 but subsequently drove for BAR, Renault and Sauber/BMW until 2006.

Having failed to establish a career in NASCAR, he recently attended some formula one races this year, buoyed by the reduction in downforce, the return of slick tyres and the opportunities afforded by three new teams.

Villeneuve did not refer specifically to USF1 but admitted to the magazine: "It is true, I will return to formula one."

Sport Bild said the official announcement could be made within the next few weeks.

The report also said USF1's first Cosworth-powered car will be ready in October, with Aragon (Spain) and Le Castellet (France) at the top of the list to be the team's European base.

The cars are being designed and built in Charlotte, North Carolina (USA).

 

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