© istockphoto.com/ Stefan Klein

A1GP to play second fiddle to V8s

IT has hardly been a smooth transition from Indy/Champ cars to the A1GP World Cup of Motorsport, with speculation rife about the nature and composition of the major motor racing event for the Gold Coast.

An announcement by A1GP chairman Tony Teixeria on securing a financial package which will see the series continue over the next three to four years has hardly eased concerns that the Surfers Paradise event will be scaled down and could in fact run “second” to a V8 Supercar program.

With the starting date on October 22, Teixeria has assured all parties, including the Queensland Government, that the series had firm financial backing.

“I wanted to announce this re- financing a long time ago, but the reason it has taken longer than I planned was the size of the package,” Teixeria said.

“I could see no reason to look for a one-year deal, it had to be for at least three to four years until such a time as the series is independent. This way we can make sure everyone involved in the series has the necessary security and the series is totally creditable.

“I shall be meeting all of the partners personally in the next couple of days. I want them to understand this is a series that is here to stay on the motorsport scene, and they need to know their involvement is with a series that is going from strength to strength.”

At this stage, 15 teams have committed to race in Surfers Paradise while the V8 Supercar program has been changed to make up for any shortfall on the program with two endurance races replacing the three sprint races which were held previously.



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