David Brabham has launched Brabham Automotive, signalling the return of a famous Australian name to the world of motorsport. At what level, and in what capacity, remains to be seen.
David, son of three-time F1 world champion Sir Jack Brabham, has previously said he's keen to see the legendary name on race cars after more than 25 years in the wilderness.
"Today’s launch heralds the start of a new chapter in the story of a family synonymous with success," Brabham Automotive said in a statement.
“Drawing on vast experience from four decades of competing at all levels of global motorsport, David Brabham has combined his skill, passion and enthusiasm to guide this project ahead of its unveiling.”
As for what the project will entail? Good question, and one the motoring world is still trying to answer.
Reports and speculation suggest the revived brand could buy the Force India F1 team, which previously promised a rebrand was on the way. Its current owner, Vijay Malaya, is knee-deep in legal battles, and the team hasn't unveiled its 2018 car yet.
While we're talking industry scuttlebutt, reports have suggested a team of American investors are helping fund the project. At this point, all the chat remains unconfirmed, so take it with a grain of salt.
Stay tuned for more – we'll be tracking the development of Brabham Automotive very closely.
MORE: Motorsports news