I have been aware for about a month that F3000 was ending/has ended, but have never discovered why.
Too much competition for F1 perhaps?
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Nope, F3000 has a full ten race calender for 2005. The rules governing the spec of the cars have been changed to facilitate closer racing. I think they will be using 4litre V10's and the regulations for chasis design have changed.
There is some speculation that some of the rule changes have been designed with oval racing in mind in the future.
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F3000 was never competition for F1 - indeed, it was intended as the feeder series. Things didn't work out that way as a lot of teams went below F3000 in their attempt to find the 'next big thing'
It's being replaced by GP2 next season, a Renault-backed formula that is intended to be cheaper to compete in.
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