“For Campos Meta 1 it is an extraordinary honor to be returning the name Senna to Formula One.”
Senna was close to joining Brawn GP ahead of the 2009 season, but that seat was ultimately filled by Brazilian compatriot Rubens Barrichello.
“I’m absolutely delighted to fulfill a lifetime dream,” Senna said. “After many weeks of hard work and negotiations, me and my management finally made it.”
The deal brought the immediate approbation of F1 supremo Bernie Ecclestone.
“It’s good for everybody – good for Campos, good for him and good for the sport,” Ecclestone said. “I hope the car is up to him, that’s important.”
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Ecclestone also hinted at the Spain-based Campos signing Nelson Piquet Jr. to partner Senna next season, creating a union of two of the biggest family names in F1 history.
“It’d be good wouldn’t it, another good name,” Ecclestone said. “That’s what’s being talked about actually.”
Ayrton Senna won the F1 title in 1988, 1990 and 1991 before being killed in a crash at the 1994 San Marino Grand Prix.
Brazil’s Piquet, son of the former world champion of the same name, was fired by Renault this season and his subsequent revelations about deliberately crashing in the 2008 Singapore Grand Prix rocked the sport and led to long bans for key Renault staff.
The Senna announcement answered the growing number of doubters questioning the ability of Campos and the other new 2010 teams – Manor, Lotus and USF1 – to make it to the grid next season.
“There is no reason to have any doubts,” Ecclestone said. “They’ve entered and presumably they know what they are doing.”