Asiatech

Asiatech was the trade name of Asia Motor Technologies France, a company founded in 2000 by Japanese private capital under the leadership of Dr. John Gano and Enrique Scalabroni, which purchased the assets of the Peugeot Formula One programme at the end of the 2000 season. Its mandate was to acquire top-level European engine technology for Asia and to create an Asian-themed F1 team. It increased staffing from 170 to 221 employees, supplied its engines in development for testing at no cost to minor teams in 2001 and 2002, and had designed and presented the wind-tunnel model of its original F1 chassis when its Japanese private funding failed in 2002. Asiatech returned the staff and facilities it has acquired back to Peugeot and wound down at the end of the 2002 season. (source: Formula 1 Magazine, June 2001, pp. 146 – 149, )