The likelihood of seeing one of Britain’s favourite car makers in F1 has heightened with Prodrive lodging an entry for the 2010 season.

Dave Richards is chairman of Prodrive, and has put forward the proposal under his company’s banner, and there are expectations that the team will be renamed and rebranded in the next few years, paving the way for an Aston Martin Formula 1 team.

‘We are very appreciative of the support we have been given in putting together our entry, not least by both the FIA and FOM. With the help of Dar Capital in raising the finance, coupled with our understanding of the latest proposals to assist new teams, we now feel the conditions are right to formally request the FIA for an entry,’ said Richards.

The news comes on the deadline day for team’s registering for next year, with Williams the only carryover from the current season at the moment. The rest of the Formula 1 grid, including the sport’s biggest draw, Ferrari, has threatened to withdraw in protest at the FIA’s proposed £40m budget cap that could see two-tier standings, splitting teams who can afford to comply with the cap and those who can’t.

Lola, the company Aston’s working with on its Le Mans entry, is expected to submit an entry for the 2010 F1 season later today.