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A1 GP - New deal with Ferrari

Now that the embargo is over

Embargo date: 09.00 GMT Thursday 11 October 2007

A1GP World Cup of Motorsport and Ferrari Announce Landmark Partnership

A1GP World Cup of Motorsport and Ferrari Announce Landmark Partnership
Ferrari to supply engines in long term A1GP partnership deal as well as
design chassis and consult on manufacture for new car in Season Four.

Ferrari to supply engines to new A2GP Series in Season Five
London, Great Britain: A1GP Chairman, Tony Teixeira, has announced a truly
historic and ground breaking partnership between Ferrari and the A1GP
World Cup of Motorsport. Ferrari signed a six-year agreement to
manufacture and supply all A1GP engines for this unique series and will
design and consult on the manufacture of all A1GP car chassis for use in Season Four (2008/09).

The partnership with Ferrari extends to an exclusive licensing agreement for all A1GP merchandise to use the Ferrari name and phrase ‘Powered by
Ferrari’ from January 2008.

Commenting on the momentous deal, Tony Teixeira said: ‘Partnering with a
world-class organisation like Ferrari will officially position A1GP as one
of the most significant motorsport series’ in the world.’
The introduction of A2GP was also announced today, a regional single-seat
racing car series developed by A1GP to begin testing in 2009. Ferrari will
be integral to the growth of the new series and will again supply all
engines and design and consult on the manufacture of the new chassis.
A1GP also maintained its commitment to commercial partners and fans as a
principal factor in confirming the partnership.

‘Ferrari will add
significant value to our brand and in our opinion there is no better
partner to progress the series,’ adds Mr Teixeira.
‘We will be meeting with our commercial partners over the next few weeks
to discuss the multitude of exciting opportunities that this partnership
Finally Tony Teixeira notes; ‘Ferrari has a global presence through its
dealer network. We will be working closely with them to ensure that they
are a part of every A1GP World Cup of Motorsport event.’

[Edited on 12-10-2007 by PistonBroke]


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