CONFEDERATION OF AUSTRALIAN MOTOR SPORT (CAMS)
"In making this decision, the Australian Motor Racing Commission reviewed the placement of the Australian Drivers Championship and determined that the premier open wheel racing class in 2005 and 2006 will be Formula 3," said Emerton.
"The AMRC sees the change to Formula 3 as a positive move given the category is an internationally recognised formula and has the ability to provide a direct pathway to Europe and ultimately to Formula One."
Agreement has been reached with Formula 3 Australia to further enhance the status of the Australian Drivers Championship.
"Formula 3 Australia is honoured to be granted the rights to promote the Australian Drivers Championship and the CAMS Gold Star commencing season 2005," said Bill Maddocks, President of the Formula 3 Association.
"This prestigious award enhances the reputation of Formula 3 racing in Australia and overseas. We have plans which will ensure the Gold Star winner is the leading open wheel driver in Australia and to assist our leading drivers in seeking an international career. It is an exciting prospect for Formula 3."
CAMS President, Mr Colin Osborne, paid tribute to the previous holder of the Australian Drivers Championship title, Formula 4000.
"In looking forward to the 2005 season, it is also appropriate that we
reflect on the work of Formula 4000 over the last 16 years. Many Australian champions
have emerged from the class and CAMS appreciates the role that the category has played in Australian motor sport to