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A1GP Chairman, Tony Teixeira, has announced a six-year agreement between Ferrari and A1GP to manufacture and supply all A1GP engines for the series. Ferrari will also consult on the design and manufacture of all A1GP car chassis for use in Season Four (2008/09).

The partnership between A1GP and 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 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, 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 consult on the design and manufacture of the new chassis.

A1GP also maintained its commitment to commercial partners and fans as a principal factor in confirming the partnership. ‘We will be meeting with our commercial partners over the next few weeks to discuss the multitude of exciting opportunities that this partnership presents.’


GO FERRARI GO!!!

[RacingForIndia]

I hope A1GP doesn't end up as "world series of Ferrari". As much I don't have problem with the Title, as long as it still retains its format as Racing championship between "nations ".