GPWC board meets in Paris

The big names in the automobile industry are in Paris for the Mondial de l'Automobile, and the GPWC held a board meeting Thursday to discuss its future and the possibility of an alternative World Championship series.

Little has been heard lately from the company owned by BMW, DaimlerChrysler, Fiat, Ford and Renault, with the intention of improving the financial benefits to Formula One manufacturers and teams. In a press release Thursday, however, the board "re-affirmed the commitment of GPWC to the commencement of its new series not later than 2008".

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