Oct.18 (GMM) The plans for a formula one team are reportedly still alive, but Villeneuve/Durango is now more likely to turn its attention to NASCAR.

Ivone Pinton, principal of the Italian team Durango that pulled out of GP2 in 2009 with financial problems, echoed Jacques Villeneuve's comments of last month that the collaboration is looking to buy one of the existing F1 teams.

Colin Kolles said in September that the rumours linking the struggling HRT team with Durango left him "speechless".

But Durango's Pinton insists F1 is a real option, telling the Italian website 422race.com that he and the 1997 world champion Villeneuve are "still working together" and in talks with "a couple of" the sport's current teams.

"If we can do it in 2011, fine. Otherwise we will go on working on it," he explained.

French Canadian Villeneuve told the Canadian media last month that another option is to switch focus to NASCAR.

Pinton agreed, explaining that a successful foray in North America could precede a later attempt to "do things well in Europe".

"This (NASCAR) is the most logical and possible situation," he said. "It's useless to do something if you aren't sure of the quality. And we already saw how it is to do F1 without quality."

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