JANUARY 17, 2003

Want to buy a third hand engine company?

The assets of the Asiatech engine company will go up for sale by auction in February in Paris. The liquidators of the company (which was previously Peugeot Sport's F1 engine division) have organised a series of three auctions which will be held on February 13-14-15 at Velizy. The company, which supplied engines to Minardi in 2002, went out of business late last year but has some interesting equipment to be sold including 18 brand new engines, a dyno, a variety of machine tools, plus electronic measuring equipment, office equipment, trucks and sundry other items.

The sale will be overseen by public notaries Jacques Martin and Gilles Chausselat of Versailles (00 33 1 39 50 58 08) who were involved in the sell-off of the Prost Grand Prix assets a year ago.