A1 Grand Prix boss Tony Teixeira has admitted that he would be interested in buying into a Formula One team should the opportunity arise.

Speaking in the wake of announcing that F1 constructors' champion Ferrari had agreed a six-year engine supply deal with the World Cup of Motorsport, South African Teixeira confirmed rumours that he was investigating ways of becoming more involved with the top flight.

"I am looking around, and have been speaking to two or three different teams that may be available for sale," he told Reuters, "If I find the right deal that makes sense, and it's the right price and I think that I can get up to the top ten positions in F1, then I will conclude a deal."

Although several of F1's less successful teams are known to be open to offers - although Spyker apparently came off the market last weekend when Vijay Mallya and Michiel Mol agreed a deal to take over the operation - Teixeira would only admit that he had been in discussion with Dietrich Mateschitz and Gerhard Berger of Scuderia Toro Rosso.

"Toro Rosso are one of them," he conceded, whilst admitting that he had been interested in Spyker before Mallya stepped up, "I want to be as close to the pinnacle of motorsport as I can. We don't want to be playing with it. If I do get involved with an F1 team, It will be as an insider to what is happening."

Although neither Mateschitz or Berger have openly said that they were looking to sell up, Super Aguri F1's Aguri Suzuki has admitted that he is looking for investors to take his team to the next level.



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