From GMM

Champions of the new FIA-backed Formula 2 series will win a full F1 test with the Williams team.

Promoter Jonathan Palmer said at the low-cost series' launch that the prize is possible due to the relationship with the Grove based formula one team, which will design the F2 car from 2009.

"I am absolutely determined that Formula 2 will attract the greatest depth of talent by virtue of its extraordinary cost effectiveness, and produce most of the best future F1 star talent in the coming years," Palmer, who was both a Williams driver and an F2 champion, said.

Unlike the Bernie Ecclestone-linked GP2 and newly-launched GP3 classes, Formula 2 will not be run at grand prix weekends, but instead based on the FIA's world touring car calendar.