The Brabham name could be on it's way back into Formula 1 after former F1 driver David Brabham says that a number of different options are being evaluated.

Son of the three-time Formula 1 world champion Jack Brabham, David Brabham owns the trademark for the team name but is able to issue a license for any party wanting to race under the Brabham banner.

In 2014 Brabham launched a crowd-funding campaign, Project Brabham, with the aim of competing initially in the World Endurance Championship before branching out into other forms of motorsport, including Formula E. After initially exceeding its crowd-funding target of $300,000, the project failed to attract the levels of corporate investment required to proceed.

Now, if rumors are to be believed, it appears as though a saviour could be on the horizon in the form of former Brabham team boss and F1 boss Bernie Ecclestone, who could be in the market to purchase the Force India team and rebrand it to revive the historic name.

When Autoweek asked Brabham about the rumor, he said, "Brabham is a brand with over 69 years of racing heritage and it is our intention to see the name back on track.

"Since Project Brabham was launched, we have received a lot of enquiries from different parties who have expressed an interest in licensing the name and we are evaluating a number of options. We have no further comment."

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