FORMULA ONE NEWS
January 28, 2010 |11:43 | Formula One Gossips By : Team X
A1GP boss Tony Teixeira has confirmed that he is in talks with Campos Meta about buying a stake in the Formula One team. Campos Meta are one of four new teams signed up for this year's championship, but reports of financial troubles have put a damper on the team's arrival.
The financial concerns have led to claims that team owner Adrian Campos could sell up even before competing in a single grand prix - claims that have been denied by Campos. But whether he's looking to sell entirely or bring in a "shareholder", as Campos put it, Teixeira has revealed that he's in the running.
"I am talking to Campos, but I'm not the only one," the South African businessman told Reuters. "There's more than one group talking to Campos and for us it has got to be part of an A1 deal. It's all for A1. My ambition is to bring A1 into F1." Teixeira's goal, should he get a stake in Campos Meta, is to use the F1 team to promote his A1GP series and hand drivers a chance to make the step up from A1 to F1.
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