Sir Keith Mills, the architect of London's 2012 Olympics bid, is part of a group plotting the revival of A1GP after a 15-year absence, Sky News learns.
Executives including a former director of world motorsport's governing body and the Nectar loyalty scheme founder Sir Keith Mills are in talks to raise $100m to finance the rebirth of A1GP, the motor racing series contested by national teams from around the globe.
In a nod to growing concerns about the environmental impact of elite motorsport, the cars would be designed to run on sustainable fuel. David White, a former global president of the French media giant Lagardere, is also involved in the project, while Mike Gascoyne, the F1 technical veteran, has been enlisted as an adviser.
"There is strong appetite for nation vs nation competition in sport, and motorsport is no exception," said one industry executive.
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