GP1 Bankrupt and Up For SaleMarch 18, 2010
It was bound to happen eventually. Not even Ferrari coming into the fray was going to help this titanic of a race series from sinking.
It was, as always, an issue surrounding money and controlling rights with the people at the center of the series unable to broker a deal.
As it now stands everything is being sold off in this remarkable auctioning of the entire paddock of GP1 racecars and support vehicles.
Anyone for 20, V8 Ferrari powered open wheelers?!