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Open-wheel racing fans may recall A1GP, self-styled as the World Cup of Motorsport. The spec racing series pitted national teams against each other in identical machinery – the final iteration having been developed and powered by Ferrari – on circuits across Europe and around the world. It was a promising idea (at least once organizers positioned it as a viable step on the ladder to F1 and not as a rival series), but financial troubles saw the series liquidated by the end of 2009.