Grand Prix World Championship

Grand Prix World Championship ( GPWC ) was a possible alternative World Cup in Autosport as a rival to Formula 1 GPWC was replaced by the Grand Prix Manufacturers' Association ( JPMC ).

The GPWC Holding consisted (as well as beginning the JPMC ) from Mercedes -Benz, BMW, Renault, Honda and Toyota - five of the largest participants in the formula first creation was the GPWC as a tool to the negotiations of the corporations with Bernie Ecclestone over a acceptable extension of the Concorde Agreement (the contract according to its provisions take the teams in Formula 1) to support in 1997.

Although the GPWC definitely planning to launch a competition series in 2004, its future mid-January 2005 was doubtful as Ferrari released the conclusion of a contract with Ecclestone and signed an addendum to the Concorde Agreement. Ecclestone then expressed the expectation that the other teams will follow soon. However, were at about the same time, Honda and Toyota 's interest to want to cooperate with the GPWC.

• Formula 1