A group of executives is making efforts to secure a $100 million investment to revive A1GP, also known as the World Cup of Motorsport. The series, which represented countries rather than brands, originally launched in 2005 but faced financial difficulties and ceased operations in 2009. After over a decade of dormancy, plans are now underway to resurrect the series, with former Alpine executive director Marcin Budkowski and other notable figures reportedly involved in the bid. The revived A1GP aims to attract investment from deep-pocketed individuals and funds, while focusing on sustainability and nurturing young talent.
Reviving A1GP
A1 Grand Prix distinguished itself by featuring teams representing countries instead of traditional racing brands. Although the original series shared many rules and regulations with other motorsport championships, its unique team structure garnered significant attention. However, due to financial challenges, A1GP went dormant. According to Sky News, a group of executives is now seeking a $100 million investment to breathe new life into the series.
Notable Figures Involved
The identity of the key individuals behind the bid remains undisclosed. However, former Alpine executive director Marcin Budkowski, who previously worked with Renault/Alpine, the FIA, McLaren, and Ferrari, is reportedly part of the endeavor. The project has also enlisted the expertise of former Formula 1 engineer Mike Gascoyne, known for his contributions to renowned teams such as McLaren, Sauber, Tyrell, Jordan, Renault, Toyota, and Lotus. Other prominent figures involved include Sir Keith Mills, the architect of London’s successful 2012 Olympics bid, and David White, former global president of French media giant Lagardere.
Investment Interest and Partnerships
Sky News reports that numerous investment funds and individuals have already expressed interest in financing the revival of A1GP. The executives leading the initiative will collaborate with Origin Sports Group, a sports investment firm with a track record of successful ventures such as the America’s Cup World Series and the Invictus Games. Talks with car and engine manufacturers are underway, and a working prototype has already been developed.
Key Features of the Revived Series
If the investment stage is successful, the rejuvenated A1GP will comprise 20 teams representing countries from around the world. Each car will conform to a single specification, capable of reaching speeds of up to 350kph, potentially making it the second-fastest motor racing series globally, after Formula 1. In recognition of growing environmental concerns, the cars will utilize sustainable fuel. The series aims to foster young talent by implementing an annual talent competition, with one experienced racing driver and one younger competitor comprising each team.
Race Schedule and Fan Experience
The revived A1GP is anticipated to feature teams from Britain, China, Italy, Saudi Arabia, and the USA, among others. Talks with car and engine manufacturers are already underway, and a race prototype has been built. The series intends to run primarily during the Formula 1 off-season, ensuring it does not directly compete with the renowned championship. With a schedule comprising 12 races across Europe, North America, Latin America, the Middle East, Africa, and the Asia-Pacific region from December to July, A1GP aims to minimize air freight costs for financial and environmental reasons. Furthermore, the series plans to offer affordable ticket prices to maximize fan engagement.
