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 lea… (read more)