Formula racing Series. International Formula Master, a.k.a. Formula Super 2000, was conceived as a competitor for Formula Three. It started in 2005 as the 3000 Pro Series, organised by Peroni Promotion. MTC Organisation took over in 2006 and turned it into a support series for the WTCC. Drivers used second-hand Formula 2000 cars made by Tatuus that were powered by a 250 hp Honda K20A engine. A1 Grand Prix (A1GP) was unique in its field in that competitors solely represented their nation as opposed to themselves or a team, the usual format in most formula racing series. As such, it was often
American open-wheel car racing and drivers, sponsors, and manufacturers, and after a series of major financial setbacks, CART filed for bankruptcy in 2003. The assets were purchased by a consortium called Open Wheel Racing Series (OWRS) in 2004 and the series was renamed the Champ Car Open Wheel Racing Series, later renaming it to Champ Car World Series. However, the sanctioning body continued to be plagued by financial difficulties, In 2007, CCWS's presenting sponsors Bridgestone and Ford Motor Company withdrew and CCWS lacked the resources to mount the 2008 season. During this time, the IRL was now operating under the moniker IndyCar Series, and