It looks like the A1 Grand Prix (A1GP) racing series could be back in action in the next twelve months, with confirmation that a Dutch investment form has bought the rights to the defunct motorsport series.
Styled as the ‘World Cup of Motorsport’, the championship pitted single-car entries representing developed and burgeoning motorsport nations in a single-make championship that visited all continents.
Founded by Dubai’s Sheikh Maktoum Hasher Maktoum Al Maktoum, the series had its first race in 2005. Later on, the series’ controlling interests were sold to South African business Tony Teixeira, who progressively ran the championship into the ground until its collapse in 2009.
The championship ran a double-race format during the traditional motorsport off-season, featuring entries from motorsport powerhouses like Great Britain, France, Germany and the Netherlands, as well as developing markets like China, Lebanon, Pakistan and India.
The championship was a haven for both former and aspiring F1 stars, with the likes of Jos Verstappen, Narain Karthikeyan, Alex Yoong, Nelson Piquet Jr, Robert Doornbos and Nico Hülkenberg among its highest-profile drivers.
According to the latest reports, the series’ rights have been acquired by World Race Management NV, which is partially-owned by Dutch investment group Primrose.
“Primrose invested in a company that will start all preparations for opening next racing season with several new Formula 1 alike race series in Europe, US and Asia,” a statement on its website reads.