Next weekend's A1GP series opener in Australia has been cancelled due to problems stemming from its British operating arm going into liquidation.
Chairman bullish despite setback
Next weekend's A1GP series opener in Australia has been cancelled due to problems stemming from its British operating arm going into liquidation.
The first race of the race series' fifth season had been scheduled for Surfers Paradise from October 22-25, but the Ferrari-engined cars were unable to leave their British base due to the company's financial troubles.
The decision to cancel the race was announced by A1GP Chairman, Tony Teixeira, who said in a statement: "I want to personally apologise to the people affected by this regrettable but unavoidable decision.
"The Queensland Government, Gold Coast Motor Events Co, the management and Chairman of the event have been patient and supportive of us in the past weeks.
"We were proud to be part of what has become one of the world's most iconic motorsport events, and are devastated at the decision we have had to make.
"We also know the Australian motorsport fans are very protective of this event and had welcomed us with open arms. To them I also apologise and stress that we wanted to put on a show for them that they would never forget."
A1GP has announced that it will refund to Gold Coast Motor Events Co the sanction fee paid, and will donate AUS $50,000 to a charity designated by them. Contractors engaged directly by A1GP who have already incurred expenses will also be fully reimbursed.
Committed
Looking to the future, Teixeira added: "We have recently announced 19 teams who were ready to race in Australia. I know they are still committed to racing in our unique series that pits nation versus nation.
"A1GP may be down, but I do not accept we are out. We have had four exciting seasons that have proved we are a force in the sport and now we shall consolidate on what we have achieved to date. My efforts will be on finding a way forward with the support of some very loyal people."
The next scheduled race is in China on November 15.
