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Fondmetal S.p.A. is an Italian manufacturer of
alloy wheel In the automotive industry, alloy wheels are wheels that are made from an alloy of aluminium or magnesium. Alloys are mixtures of a metal and other elements. They generally provide greater strength over pure metals, which are usually much soft ...
s, founded in 1972 by Gabriele Rumi. A
Formula One Formula One (F1) is the highest class of worldwide racing for open-wheel single-seater formula Auto racing, racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one ...
constructor of the same name, also owned by Rumi, competed in the and seasons, scoring no championship points. The company also sponsored, and supplied wheels to, numerous other constructors from the mid-1980s to the early 2000s. In 2014 the Fondmetal brand expanded to the United States and became known as Fondmetal USA. All wheels continue to be made in Italy and are TUV approved.


Early years

In 1961, Gabriele Rumi took over the iron
foundry A foundry is a factory that produces metal castings. Metals are cast into shapes by melting them into a liquid, pouring the metal into a mold, and removing the mold material after the metal has solidified as it cools. The most common metals pr ...
business that had been established by his grandfather in
Brescia Brescia (, ; ; or ; ) is a city and (municipality) in the region of Lombardy, in Italy. It is situated at the foot of the Alps, a few kilometers from the lakes Lake Garda, Garda and Lake Iseo, Iseo. With a population of 199,949, it is the se ...
. A motor racing enthusiast, the business allowed him to compete in hillclimbs and in the Formula Monza category during the 1960s. Rumi had a passion for cars and racing and saw a demand for the manufacturing of parts for the automobile industry. In Palosco they made induction manifolds, water conduits,
clutch A clutch is a mechanical device that allows an output shaft to be disconnected from a rotating input shaft. The clutch's input shaft is typically attached to a motor, while the clutch's output shaft is connected to the mechanism that does th ...
bellhousing Bellhousing (aka bell-housing or bell) is a colloquial term for the component that aligns and connects the transmission of a vehicle to its engine An engine or motor is a machine designed to convert one or more forms of energy into mechanic ...
, oil pumps,
cylinder head In a piston engine, the cylinder head sits above the cylinders, forming the roof of the combustion chamber. In sidevalve engines the head is a simple plate of metal containing the spark plugs and possibly heat dissipation fins. In more modern ...
s and
engine block In an internal combustion engine, the engine block is the structure that contains the cylinders and other components. The engine block in an early automotive engine consisted of just the cylinder block, to which a separate crankcase was attach ...
s for clients such as
Maserati Biturbo The Maserati Biturbo is a family of executive grand tourers produced by Italian automobile manufacturer Maserati between 1981 and 1994. The original Biturbo was a two-door, four-seater notchback coupé (of somewhat smaller dimensions than th ...
,
Fiat Fiat Automobiles S.p.A., commonly known as simply Fiat ( , ; ), is an Italian automobile manufacturer. It became a part of Fiat Chrysler Automobiles in 2014 and, in 2021, became a subsidiary of Stellantis through its Italian division, Stellant ...
,
Iveco Iveco S.p.A., an acronym for Industrial Vehicles Corporation, is an Italian multinational transport vehicle manufacturing company with headquarters in Turin, Italy. It designs and builds light, medium, and heavy Commercial vehicle, commercial veh ...
, OM and
Magneti Marelli Marelli Europe S.p.A. (formerly Magneti Marelli S.p.A.) is a European subsidiary of Marelli Holdings which develops and manufactures components for the automotive industry. The firm is headquartered in Corbetta, Italy, and includes 86 manufac ...
. For Rumi this was not enough. He found himself too reliant on his customers in a sensitive time period following the oil crisis. This led him to launch his own product line in 1972. The choice of product was alloy wheels, due to his involvement and passion for the automobile industry. From there the Fondmetal brand grew, and was established as a leader in forged and cost wheel design, engineering and manufacturing in Italy. Fondmetal first appeared in Formula One in 1983 as a sponsor for Italian driver
Piercarlo Ghinzani Piercarlo Ghinzani (born 16 January 1952) is an Italian former racing driver and motorsport executive, who competed in Formula One from to . Ghinzani participated in 111 Formula One Grands Prix for Osella, Toleman, Equipe Ligier, Ligier and Za ...
. In the mid-1980s, the company supplied wheels to Williams, Tyrrell and
Ligier Ligier () is a French automobile and minibus maker created by former racing driver and rugby player Guy Ligier (1930–2015), specialized in the manufacturing of microcars. Ligier is best known for its involvement in the Formula 1 World Cham ...
, while continuing to sponsor Ghinzani and, later, the
Osella Osella is an Italian racing car manufacturer and former Formula One team. They participated in 132 List of Formula One Grands Prix, Grands Prix between 1980 and 1990. They achieved two points finishes and scored five world championship points. ...
team. In 1989, Fondmetal became Osella's major sponsor, and by 1990 Rumi had become the team's majority shareholder. At the end of that year, he decided to take over the whole operation.


Team Fondmetal

Rumi transferred the team from Volpiano near Turin to his headquarters in
Bergamo Bergamo ( , ; ) is a city in the Alps, alpine Lombardy region of northern Italy, approximately northeast of Milan, and about from the alpine lakes Lake Como, Como and Lake Iseo, Iseo and 70 km (43 mi) from Lake Garda, Garda and Lake ...
and ran it for one and a half years on his own. He initially persevered with Osella's driver,
Olivier Grouillard Olivier Grouillard (; born 2 September 1958) is a French racing driver, who competed in Formula One from to , and IndyCar in 1993. Born in Fenouillet, Haute-Garonne, Grouillard started kart racing from the age of fourteen competing in event ...
, until he tired of the Frenchman's reckless side and attitude problem, replacing him with
Gabriele Tarquini Gabriele Tarquini (born 2 March 1962) is an Italian former racing driver, who competed in Formula One between and , and World Touring Car from to 2021. In touring car racing, Tarquini won the World Touring Car Championship in with SEAT; ...
. The new team was no more successful than in the Osella days, sometimes the results being even worse than those of its fellow back row contenders Coloni or AGS.


1991

For the 1991 Formula One season, Osella Squadra Corse was gone; the team re-appeared as Fondmetal Corse. Initially, Fondmetal entered the FA1M-E car which was a mere carry-over from the previous year (and, in fact, from 1989 as Osella had not been able to construct a new car in 1990). Driven by Olivier Grouillard, the blue and grey coloured machine was uncompetitive by any means. Although Fondmetal was able to use Cosworth engines prepared by Brian Hart for the previous years' Tyrrell, even
Pedro Chaves Pedro António Matos Chaves (; born 27 February 1965) is a Portuguese racing driver. Chaves was the second Portuguese Formula Ford Champion, in 1986, starting an international career in 1987 in the British Formula Ford Championship. In 1990 ...
in his Coloni was ahead of the Fondmetal car. In that hostile atmosphere, pre-qualification turned out to be impossible. But Rumi had high hopes for the European season. By the San Marino Grand Prix, a new car appeared, called the Fomet-1. It was conceived by a newly founded think-tank in the UK called Fomet. The Bicester-based design office was headed by Tino Belli and founded by Rumi who thought that British input was necessary for gaining success. The Fomet-1 featured new aerodynamics, a new suspension and some other improvements, but apart from this, the new car obviously preserved its Osella roots. Finally, things improved a little, but not significantly. With the new car, Grouillard managed to be faster than the Coloni machine, but that does not mean that Fondmetal was able to pass pre-qualifying regularly. Only a handful of race participations were possible, but results were poor, although Grouillard did qualify 10th for the
1991 Mexican Grand Prix The 1991 Mexican Grand Prix was a Formula One motor race held at the Autódromo Hermanos Rodríguez, Mexico City, on 16 June 1991. It was the sixth race of the 1991 Formula One World Championship. The 67-lap race was won by Italian Riccardo Patr ...
, ahead of Andrea de Cesaris in the Jordan, who eventually finished 4th. In the end, Grouillard was replaced by former AGS man
Gabriele Tarquini Gabriele Tarquini (born 2 March 1962) is an Italian former racing driver, who competed in Formula One between and , and World Touring Car from to 2021. In touring car racing, Tarquini won the World Touring Car Championship in with SEAT; ...
who finished twice (from three attempts), although he also failed to pre-qualify once; but no points were scored in the end.


1992

At the end of 1991, the British subsidiary Fomet was sold. Its designers had been working on a new Formula One car since the previous summer. Tino Belli sold the designs of the new car to the
Larrousse Larrousse Formula One was a motorsports racing team founded in 1987 by Didier Calmels and former racer Gérard Larrousse, originally under the name Larrousse & Calmels. It was based in Antony, Hauts-de-Seine, Antony, in the southern suburbs of Pa ...
Formula One team which left Fondmetal without a new car for the next season. In late December 1991 Gabriele Rumi commissioned Sergio Rinland from Astauto to design a new car. It was not ready for the start of the season, so the team used the previous year's car for the first few races. The car received a Ford HB V8 engine (from the previous year's Benetton) to replace the Lamborghini V12 or the Judd V10 that Rumi had preferred. The engine and the chassis did not go together well. There were some cooling troubles, and reliability was poor. The team appeared with two drivers, Tarquini, the other one being the Swiss debutant
Andrea Chiesa Andrea Chiesa (born 6 May 1964) is a former Formula One driver from Switzerland. He participated in 10 Grands Prix, debuting on 1 March 1992. Career Chiesa began racing in 1980 with karts, and continued to cars in 1985, competing in Italian For ...
. Tarquini showed speed, but the car broke down frequently. In late spring Rinland's new chassis was ready to race. The GR02 had nothing in common with former years' Osellas and Fondmetals. The roots of its design dated back to late 1991 when he was working for the
Brabham Motor Racing Developments Ltd., commonly known as Brabham ( ), was a British race car, racing car manufacturer and Formula One racing team. It was founded in 1960 by the Australian driver Jack Brabham and the British-Australian designer Ron Ta ...
team on the Brabham BT61 that never saw the light of day. Elements of its design were carried over to the 1992 Fondmetal. Its drivers found it an improvement over the GR01, but it had disappointing race results, with minor problems often stopping the cars after they qualified well. The team was poorly funded so tests were few and development was slow. Finishes were rare. Tarquini often qualified his car relatively high in the order, and at the Belgian Grand Prix put in Fondmetal's best qualifying performance of the season to qualify 11th. Chiesa often failed to qualify, and was replaced by
Eric van de Poele Eric Francis Edouard Ghislain Thérèse van de Poele (; born 30 September 1961) is a Belgian racing driver and former Formula One driver. He participated in 29 Grands Prix, in 1991 and 1992. He is a three-times class winner at 24 Hours of Le M ...
for the
Hungarian Grand Prix The Hungarian Grand Prix (, ) is a motor racing event held annually in Mogyoród at the Hungaroring. Since 1986, the race has been a round of the FIA Formula One World Championship. History Origins The first Hungarian Grand Prix was held on ...
. While van de Poele proved competitive, he spun off on the third lap in Hungary, losing the Italian team's last good chance of a points finish. Tarquini had already collided with Herbert's Lotus and with the Ligiers of Boutsen and Comas in the first lap. Only two races later after the
Italian Grand Prix The Italian Grand Prix () is the fifth oldest national Grand Prix motor racing, motor racing Grand Prix (after the French Grand Prix, the United States Grand Prix, the Spanish Grand Prix and the Russian Grand Prix), having been held since 1921 ...
in September 1992, the team withdrew from the championship for financial reasons, having scored a pair of 10th places, although Tarquini managed to qualify for all thirteen races in which the team participated in 1992 and Chiesa (in ten attempts) and van de Poele (in only three) qualified three times each. The team's mounting debt coincided with a
global recession A global recession is a recession that affects many countries around the world—that is, a period of global economic slowdown or declining economic output. Definitions The International Monetary Fund defines a global recession as "a decline ...
. Rumi contemplated racing Giuseppe Bugatti as a pay-driver in order to get through the
1992 Portuguese Grand Prix The 1992 Portuguese Grand Prix was a Formula One motor race held at Autódromo do Estoril on 27 September 1992. It was the fourteenth race of the 1992 Formula One World Championship. The 71-lap race was won from pole position by Briton Nigel Manse ...
, but decided instead to close his team.


Later relations with other teams


Forti Corse

During 1992 Sergio Rinland and his Astauto team started to work on a 1993 F1 car in the hope that Fondmetal would carry on. That was not the case, since the contract was cancelled by Fondmetal in September 1992, well before the end of the season due to lack of funds. The design of that car was finished in early 1993. A year later, Rinland sold that design to
Guido Forti Guido Forti (10 July 1940 – 11 January 2013) was the founder and team manager of the now-defunct Formula One team Forti. Forti co-founded his "Forti Corse" racing team with businessman Paolo Guerci in the late 1970s, initially running in ...
who started running a Formula One team called
Forti Forti Corse, commonly known as Forti, was an Italian motor racing team chiefly known for its brief and unsuccessful involvement in Formula One in the mid-1990s. It was established in the late 1970s and competed in lower formulae for two decades. ...
by 1995. The team's FG01 chassis still had several similarities to the, by then three year-old, 1992 Fondmetal GR02.


Tyrrell and Minardi

Rumi would return to
Formula One Formula One (F1) is the highest class of worldwide racing for open-wheel single-seater formula Auto racing, racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one ...
in a more modest capacity in 1994, with Fondmetal as a technical partner and sponsor of Tyrrell, and for 1996
Minardi Minardi was an Italian automobile racing team and constructor founded in Faenza in 1979 by Giancarlo Minardi. It competed in the Formula One World Championship from 1985 until 2005 with little success, nevertheless acquiring a loyal following ...
. Fondmetal's wind tunnel in Northern Italy was leased to Tyrrell,
Minardi Minardi was an Italian automobile racing team and constructor founded in Faenza in 1979 by Giancarlo Minardi. It competed in the Formula One World Championship from 1985 until 2005 with little success, nevertheless acquiring a loyal following ...
and other teams. Rumi would gradually increase his interest in the
Faenza Faenza (, ; ; or ; ) is an Italian city and comune of 59,063 inhabitants in the province of Ravenna, Emilia-Romagna, situated southeast of Bologna. Faenza is home to a historical manufacture of majolica-ware glazed earthenware pottery, known ...
outfit, becoming co-owner and chairman, even going as far as rebadging the Ford Zetec-R engines in 2000. However, Rumi was diagnosed with cancer, and was forced to withdraw his backing later that year when the team was sold to Paul Stoddart. Rumi eventually died in May 2001. Fondmetal is still in operation as a wheel manufacturer.


Complete Formula One results

( key)


As engine supplier


External links


Fondmetal websiteFondmetal USA website


References

{{Formula One constructors Fondmetal Formula One entrants Italian auto racing teams Italian racecar constructors Wheel manufacturers Italian brands Auto racing teams established in 1991 Auto racing teams disestablished in 1992 1972 establishments in Italy