A1 GP Assets Offered for Sale

The A1 GP World Cup of Motorsport will no longer be in 2010. Although some have hoped that the series would be revived by its owner Tony Teixeira in the near future, it was today confirmed that all the assets of the series will be put up for sale by the Administrator (A1 Grand Prix Operations Ltd) and Liquidator (A1 Holdings Ltd) of the series.

The series went bankrupt before the start of its 2009/10 campaign, as financial difficulties have cause Teixeira to put his project on hold for at least one year. In recent months, the South African businessman has tried to revive the series by buying into Campos Grand Prix Formula One team – now rebranded into Hispania Racing F1 Team – and therefore turning A1 GP in some kind of feeder series for the Great Circus.

His plans failed however, as the Spanish team decided to change ownership in favor of Spanish businessman Jose Ramon Carabante, leaving Teixeira with no other choice but to sell the A1 GP assets piece by piece.

According to a press release, there will be no less than twenty Ferrari engined single seat race cars - based on the F2004 Formula One Ferrari designed by Rory Byrne, Ross Brawn and Aldo Costa – for sale, alongside 12 Lola-Zytek Grand Prix race cars used during the inaugural 2005 championship.

Additionally, the series will also sell its “Maserati Quattroporte Sport GT Semi-Auto 4 Door and Ferrari 599GTB Semi-Auto Coupe safety and medical cars”, as well as “25 team shacks, tyre shack, spares shack, 80 flight cases, pit perches and car racks, wheels, tyres, support and transport racks.
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories