Former Formula 1 driver Charles Pic has agreed a deal to take over the DAMS team from the Driot family which founded it over 30 years ago.
DAMS currently races in Formula 2 and operates Nissan’s Formula E team, Nissan EDAMS. Many of its former drivers went on to reach F1, including its 2018 F2 line-up of Alexander Albon and Nicholas Latifi, who have reunited at Williams this year, plus Pierre Gasly and others.
Pic has acquired the team from Olivier and Gregory Driot, who took charge of it following the death of their father, Jean-Paul, in 2019. He founded the team with another F1 driver, Rene Arnoux, in 1988.
“Although it is with a heavy heart that we are handing over the team, this is the best way to ensure the DAMS legacy remains and expands,” said Driot’s sons in a joint statement. “After our father passed, we have always aimed to continue driving the team forwards. However, we know DAMS can excel even further under Charles, and especially with the passionate and loyal…