Asiatech aim to start midfield

Engine supplier Asiatech presented a scale wind tunnel model of its proposed Formula One car at Monza today along with one of its engines. Asiatech currently supply Minardi but has intentions of entering F1, with an integrated package the like of...

Engine supplier Asiatech presented a scale wind tunnel model of its proposed Formula One car at Monza today along with one of its engines. Asiatech currently supply Minardi but has intentions of entering F1, with an integrated package the like of Ferrari or Toyota, with a team of its own.

President John Gano said the company is looking for a financial partner: "Our ambition is to run an integrated engine and chassis team like Ferrari and Toyota, but whether we make it that far depends on economic and technical circumstances."

"Technically we're ready; financially we don't have the package together at the moment. We believe we can produce a quality chassis for half of the current cost and we aim to enter in the midfield and go upwards."

Asiatech is based in France at the former Peugeot Technical Centre it acquired in 2000 and also has a base at Didcot in the UK. Minardi and Asiatech are thought to be ending the partnership after this season and there is currently a vacancy on the grid for another team to take up. Only ten teams have run since the demise of Prost Grand prix, although the future of Arrows is looking decidedly rocky.

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Series Formula 1
Teams Ferrari , Minardi