He will be talking to two Formula One teams, which he would not name.

"Less than half the staff on this project comes from the Formula One team," Clark said.

Let's break down a typical Formula One team to understand who does what.

A Formula One team must effectively manage the commercial and technical aspects of the business.

In late 1973 the brothers decided to start their own Formula One team.

He tried to develop his own Formula One team in 1976 but gave that up in 1980 when near to financial disaster.

A Formula One team can cost $200 million to $300 million a year to run.

The previous week before the race, all the Formula 1 teams were testing.

The typical annual budget of a Formula One team can exceed $120 million.

It would be the first Formula One team to list on the stock market.