Series in doubt after liquidation?
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629 agree. 515 disagree.
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I'm owed money by this Sh*T someone on this site lovingly calls "MR Texiera" Do you pro Sh*t lobby really think the series can go on. This season's winning team has dissbanded with no prize money , New Zealand has dissbanded pulled out, Lebenon who paid their bills has pulled out with all the team layed off. France are about to call it a day along with South Africa, "Mr Texiera" has no staff left. The Silverstone facility is abandond, the London office only has a lawyer in it. "Mr Texiera" has no race cars and no equipment, a creditor is holding them against a huge debt, including innocent mechanics own personel gear. We are all dreaming if we think any money will come from these people
Posted by A1insider - Unregistered (147 days ago)
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A1GP » Series in doubt after liquidation?

Latest financial blow casts shadow over 2009-10 plans.

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wikimeat, I agree with your concept comments and agree to that the series must carry on, but in my opinion the best way forward is for Teixera to step aside pushed or otherwise and let someone with credibility take over, while this man runs A1 there is no future. Big time sponsors that are needed for this series to survive will be to frightened to be seen with him let alone do business with this man and the people around him. Unfortunately many people will lose out in order for the series to be restructured and that is a direct result of Teixera's business methods.......
Posted by Twatter - Unregistered (144 days ago)
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11 agree. 2 disagree.
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If you are a team ,team member or a supplier and in the unlikley event get paid in the coming weeks please could you let us know. or indeed dont get paid let us know.
Saftey in numbers.
Posted by supplyshadow - Unregistered (144 days ago)
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why dont you ring them they are there now 01243 869533
Posted by quiet insider - Unregistered (141 days ago)
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To all the negative posts: Clearly none of you actually KNOW Tony Teixeira. I have known him and worked with him for over 12 years now and he is a man of his word. If he says he will pay...he will pay. If he says A1GP will survive and thrive....Believe it! Tony can pull it off if anyone can. He's an exceptional entrepreneur and a solution will soon be found. Have a little faith people...other formulas have come and gone...A1GP is here to stay. Do look forward to an awesome season of motorsport in season 5.
Posted by QueenOfAngola - Unregistered (141 days ago)
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TONY IS A FAT LYING ****
Posted by mike jackson - Unregistered (141 days ago)
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Queenof******************** Your support has come to late for your good friend "Tony" he has lost A1GP, and the seatholders also lost their franchises (very sorry for some but not all), and everyone else has lost what they are owed, A large Swiss Bank that is no stranger to motor racing has taken over bought the lot (with no debt), Bye Bye Tony, Tony Bye Bye....

So now we look forward to a new A1GP run by credible motor racing people, not grubby business men with other agenda's.
Posted by Twatter - Unregistered (140 days ago)
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**ter............You don't have your information totally correct, Credit Swiss are interested in bailing out A1 GP and saving it from total collapse, but will they want to pay the huge debts that A1 GP has amassed, and they certainly will have to pay the very large sum to retrieve the cars/equipment from the creditor who is holding them. After all the banking "Errors" of the past year around the world I doubt their shareholders will agree a deal with Texiera. Lets hope a condition of the deal is Texiera and his gang have to depart because with these bandits running the show who will want to get burned again.....
Posted by A1insider - Unregistered (139 days ago)
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Dear Mr Middleton thanks for your feed back on Tony Texeiras financial situation, we were about to close a deal next week with Mr Teixeira for a huge computer deal for the professor syndicate here in Venezuela, and we decided to cancel the order, thanks to your post we found on google.

if you have further information please try to contact my office in Caracas 36-22-50-25 with Mr. Eduardo Sanchez
Posted by Eduardo Sanchez - Unregistered (138 days ago)
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The naivety of some people here regarding A1 GP / Tony T is quite amazing.

It is completely proper that if a company is insolvent it should be closed down/wound up/placed in administration. Continuing to trade and not reducing the amounts owed to creditors is simply illegal. TT should have handed the series over to an administrator a long time ago rather than continually making empty promises and bullshitting in the press.

I would not be surprised if the whole series ends up being investigated by the serious fraud office as there appears to be deliberate malfeasance here.
Posted by A1Scam - Unregistered (137 days ago)
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A1Scam.............nail on the head, very well put

Texiera thinks he is above the law, and because his main companies are registered off shore he thinks he can avoid prosecution in this country. I to have heard the story of Credit Swiss coming to his rescue, he is feeding another line to delay the inevitable. Why would a Swiss bank want to get involved with this crook he has nothing to sell no cars no equipment no teams just a bloody good concept for racing, the Portuguese government saw through this con man and pulled out.

If the seriuos fraud office do get involved a lot more people who have until now have kept under the radar will be bricking it

Posted by Max Rotax - Unregistered (137 days ago)
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