FEBRUARY 18, 2003
A sign of the times
The auction of the assets of Asiatech in Versailles last week gave an indication of the state of the Formula 1 economy at the moment.
The company's transient dyno was bought by Peugeot - which built in the first place before Peugeot Sport's F1 operation was sold on to Asiatech - but otherwise there was little money raised with only the office furniture fetching decent prices.