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Italian race car maker has Russian backing

Updated: October 7, 2004, 1:38 PM ET
Reuters

LONDON -- Italian racing car manufacturer Dallara is planning a return to Formula One in 2006 with Russian backing, Britain's Autosport magazine reported on Thursday.

The magazine said the company, based near Parma, had "substantial" backing from an unnamed Russian-based global corporation and was expected to make an announcement this week.

Dallara was not immediately available for comment.

Autosport said that the backer had also been identified as a possible buyer of Jaguar, ...

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