The assets of the defunct A1GP series are for sale, and it seems that at least two bidders have shown interest in purchasing the equipment to bring back the series to life.
The “World Cup of Motorsport” as it was called then lived for a few years and shut its doors after the 2008-2009 season (the series ran during the winters). In this series, drivers represented countries rather than teams or themselves.
The Ferrari-powered single seaters were run by professional race teams and raced under the colours of a country. A shareholder purchased the rights to run the cars under the colours of a specific country.
Griffins Insolvency Practitioners, the administrator of A1GP Operations has confirmed that two bids have been made for the assets, which include the fleet of single seaters. Both bidders are known to be looking to use the cars to revive a series that went bust in the wake of its fourth season.
Reviving the series will be difficult. Most shareholders never managed to attract sponsors to help pay the bills. During the last season, cars of the USA, Canada, France, the Netherlands and others ran without any sponsorship. And that was four years ago when the global economy was in much better shape than it is today.
The “World Cup of Motorsport” as it was called then lived for a few years and shut its doors after the 2008-2009 season (the series ran during the winters). In this series, drivers represented countries rather than teams or themselves.
The Ferrari-powered single seaters were run by professional race teams and raced under the colours of a country. A shareholder purchased the rights to run the cars under the colours of a specific country.
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| Loic Duval, Team France, 2008 (Photo: WRI2) |
Griffins Insolvency Practitioners, the administrator of A1GP Operations has confirmed that two bids have been made for the assets, which include the fleet of single seaters. Both bidders are known to be looking to use the cars to revive a series that went bust in the wake of its fourth season.
Reviving the series will be difficult. Most shareholders never managed to attract sponsors to help pay the bills. During the last season, cars of the USA, Canada, France, the Netherlands and others ran without any sponsorship. And that was four years ago when the global economy was in much better shape than it is today.