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DATE News (chronologically)
05/02/07
a1gp
Teixeira bullish over A1GP future
A1GP chairman Tony Teixeira was in a bullish mood when he took to the stage at the A1GP gala awards in London – insisting to the audience that there should be no doubting the future of the World Cup of Motorsport.

Shortly before introducing seven-time Formula One world champion Michael Schumacher to present A1 Team Germany with the champion’s trophy, Teixeira announced to the guests that the financial recourses are already in place for the third season of the series.

“The critics said it would never happen,” Teixeira told the guests in his welcoming speech.

“At our first race the critics said we would never make the end of season one, and here we are at the end of season two.

“We are looking forward to season three and, you can be assured from me and our seat holders that there will definitely be a season three. And it will be as exciting, if not more exciting, than what we have seen up until now.

“In terms of our finances and our commitments for us to succeed I’m happy to say our shareholders, RAB Capital, have again committed to season three. We have had a lot of investors at our events in the past couple of races. The comments have been that A1GP is wonderful and therefore we are again saying we are financed for season three.”

Teixeira also assured the public that the series will continue to grow, having just witnessed a very successful second season.

“I’m working to keep my commitment and my promise to the people in this room, that A1GP World Cup of Motorsport will become a huge, huge event worldwide,” he added.

The 2007/08 A1GP World Cup of Motorsport begins at Zandvoort, the Netherlands, on September 30.

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