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Have Caterham and Marussia Closed the Gap to the Bigger Formula 1 Teams?

For the 2010 Formula One season, the FIA allowed three new entrants to join the grid. With the addition of Lotus, Virgin and Hispania Racing (HRT), the number of constructors expanded to 12, the first time since 1995 that more than 11 teams participated in a season. At the time, Virgin boss Richard Branson bragged that, "This will be the lowest-budget team in Formula One. Money's not everything," according to The Guardian. Meanwhile, when asked how long it would take before Lotus could challenge the established teams, then-chief technical officer Mike Gascoyne told that, "A small, efficient operation has to look at doing so in three to five years, and that's our aim." 2014 will be the fifth season since the new teams join...

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