In the summer of 2000 AMT, Asia Motor Technologies, acquired the totality of the Peugeot Formula One Engine project. After several difficult years Peugeot decided to stop with their Formula One project. AMT, under the lead of Enrique Scalabroni, announced a few weeks later it closed an exclusive deal with the Arrows F1 Team. Later In the season the Arrows AMT A21 would appear on Valencia for their first test.
Paul Stoddart is a well-known person in the Formula one paddock. Previously as Minardi Team Boss and more recently he is back in the paddock with his Minardi X2-seaters, which he gives demonstrations with during Grand Prix Weekends. However, did you know Paul Stoddart tried to enter the Formula One 20 years ago by made a bid on the Tyrrell team, which he sponsored with his European Aviaton? What do