Posts Tagged ‘Tony Teixeira’
The five-year contract for A1GP to appear at Australia’s annual Gold Coast motorsports festival is now under investigation by that country’s police following a damning auditor’s report.
A1GP is facing the indefinite postponement of two more events in its 2009/10 season with the China and Malaysia dates joining the inaugural Australia race in falling off the calendar.
17 Oct 2009: Opinion: Despite appearances, A1GP is far from dead
In Australia, they’re calling it the worst-kept secret in sport: A1GP, the self-styled World Cup of Motor Sport, is not coming to play in the sun and surf of the Gold Coast later this month.
A1GP’s season five debut race in Australia is not going ahead after organisers of the country’s SuperGP at Surfers Paradise terminated its contract in the absence of sufficient assurances that it would make the start line.
The fifth season of the World Cup of Motorsport is on the verge of getting under way despite recent financial problems that have seen it fighting in court for control of its associated companies.
The fifth season of A1GP contains no date at Brands Hatch because the circuit’s owners were concerned about dwindling crowds and the series’ precarious finances.
The financial future of A1GP has been secured, with funds available to pay existing creditors and see the series through the next three years, according to its boss Tony Teixeira.
British and Irish race fans are going to have to do without an A1GP event next year after the series published its calendar and revealed it will not be visiting either country.