Jacques Villeneuve has called time on his ambitions to return to Formula One after his partnership, Villeneuve Racing/Durango, failed to secure a spot on the 2011 grid.
The Canadian told the BBC’s Radio 5-Live that his hopes of returning to the sport he made his name in, now look ‘dim’ and admitted it was time to look elsewhere.
“It looks quite dim right now,” said the 1997 world champion. “We worked hard on it this year, to come back and build a team. That was the easiest way [to enter the sport].
“But then it didn’t work out, so I think it’s time to not bother looking at F1 anymore.
“We had the budget to build a team and you can only hang on to that for a certain time, and then people get bored and move on to something else. It was a lot of work and we concentrated only on that.”
Villeneuve says he will now focus his time on NASCAR, despite the series taking a back seat during his bid to return to open-wheel motorsport.
“All the other stuff we’re doing took to the backburner, like NASCAR. I think it’s time to just focus on one thing, right now my focus is on NASCAR.”