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ACG Speeds to Long Term Supply Agreement with US F1 Team

08 January 2010

Advanced Composites Group has signed a long term supply agreement with US F1 Team, the only US-based team to take the grid for the 2010 FIA Formula One World Championship.

Ken Anderson, US F1 Team President, CEO and Team Principal, said: ""US F1 Team is pleased to announce ACG as a technical partner in the design and construction of our 2010 Formula One car. The team faces a tremendous challenge to design and produce the first American-based Formula One car in more than 40 years, and ACG's composites expertise will be critical for us to meet our goals and expectations in 2010 and beyond.""

Adrian Potts, President of ACG Inc, said: “There is an exciting time of change in Formula One racing and this has created the opportunity for new teams to enter the grid. US F1 Team is the sole American entry, and we are proud to support them from our Tulsa facility. I’m confident that the new team has signed up with the very best support and service in the industry, and we will demonstrate that their confidence in us is well placed.”

Jon Mabbitt, Managing Director of Umeco Composites Structural Materials, said: “It’s reassuring to know, in these turbulent times for Formula One, that ACG remains a strong technology leader in the field and that the motorsport industry can still provide exciting, new business opportunities such as US F1 Team. We wish the team every success in their endeavor.”





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