From GMM

Team principal of the new Campos Meta Formula 1 team Colin Kolles on Friday confirmed reports that Indian GP2 driver Karun Chandhok (pictured) is close to securing a deal to race in 2010.

India’s Business Standard Motoring quotes the 43-year-old German-Romanian “We are close to finalising a deal with him,” as saying.

"However we will be in a better position to comment on this over the next few days," added Kolles, amid reports the 26-year-old driver's deal could be signed and announced on Friday.

Chandhok would be the second Indian to race in F1, after Narain Karthikeyan - who was also signed by Kolles - drove throughout 2005 with Jordan.