A1 GP chairman Tony Teixeira has admitted he was close to buy a Formula 1 team last year. Teixeira said he planned an A1 team in Formula 1 where the winners from the A1 GP series would race in F1. But as customer teams were banned the plans were scrapped for Teixeira.
Read Full Story: http://f1.gpupdate.net/en/news/2008/04/30/a1-gp-boss-wanted-a1-team-in-formula-one/.
Classic story