Asiatech was a company which purchased the assets of the Peugeot

Peugeot

Peugeot is a major French car brand, part of PSA Peugeot Citroën, the second largest carmaker based in Europe.The family business that precedes the current Peugeot company was founded in 1810, and manufactured coffee mills and bicycles. On 20 November 1858, Emile Peugeot applied for the lion...

 Formula One engine programme at the end of the 2000 season and supplied Peugeot-based engines for two years.

Overview

In 2001, Asiatech supplied their V10 engines to the Arrows

Arrows

Arrows Grand Prix International was a British Formula One team active from to . For a period of time, it was also known as Footwork.-Origins :...

 Formula One team free of charge. However, these were largely unsuccessful and the following year Arrows decided to pay and have Cosworth

Cosworth

Cosworth is a high performance engineering company founded in London in 1958, specialising in engines and electronics for automobile racing , mainstream automotive and defence industries...

 engines instead.

For 2002, Asiatech were left to supply engines to the Minardi

Minardi

Minardi was an automobile racing team and constructor founded in 1979 by Giancarlo Minardi. It competed in the Formula One World Championship from 1985 until 2005 with little success, nevertheless acquiring a loyal following of fans...

 F1 Team. But again these were rather unsuccessful.

During the 2002 season, Asiatech began considering the possibility of starting their own Formula One team, and purchased a former Williams

WilliamsF1

Williams Grand Prix Engineering Limited, trading as AT&T Williams, is a British Formula One motor racing team and constructor. It was founded and run by Sir Frank Williams and Patrick Head...

 design office in Didcot. They also enlisted the help of Enrique Scalabroni

Enrique Scalabroni

Enrique Hector Scalabroni is an Argentinian race car designer, technical director, and team racing boss...

, who designed a prototype F1 car. The car was to be firstly a testbed for Asiatech engines, then subsequently entered in the 2004 season. However, Asiatech folded at the end of the 2002 season.

In May 2002, there were reports that for the 2003 season Asiatech could supply Jordan

Jordan Grand Prix

Jordan Grand Prix was a Formula One constructor that competed from 1991 to 2005. The team is named after Irish businessman and founder Eddie Jordan...

 with engines, or even buy the team out. These came after Honda decided to concentrate their engine efforts on the BAR

British American Racing

British American Racing was a Formula One constructor that competed in the sport from 1999 to 2005. BAR began by acquiring Tyrrell, and used Supertec engines for their first year...

 team, and announced they would be withdrawing supply from Eddie Jordan's team at the end of the 2002 season.

In February 2003, the assets of the Asiatech engine company were sold in an auction in Paris, overseen by Jacques Martin and Gilles Chausselat. Included in the Auction were 18 engines, a dyno, a variety of machine tools, plus electronic measuring equipment amongst other things.

Complete Formula One World Championship results

(Races in bold indicate pole position) (Races in italics indicate fastest lap)

Year	Entrant	Chassis	Engine	Tyres	Drivers	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	WCC	Points
	Orange Arrows Asiatech Arrows Arrows Grand Prix International was a British Formula One team active from to . For a period of time, it was also known as Footwork.-Origins :...	Arrows A22 Arrows A22 The Arrows A22 was the car with which the Arrows team competed in the Formula One season. It was driven by Jos Verstappen, who was in his second year with the team, and Enrique Bernoldi, a rookie who brought sponsorship from Red Bull.-Overview:...	001 3.0 V10 V10 engine A V10 engine is a V engine with 10 cylinders in two banks of five with a distinct exhaust note.- Mechanics :The V10 is essentially the result of mating two even-firing straight-5 engines together. The straight-5 engine shows first and second order rocking motion...			AUS 2001 Australian Grand Prix The 2001 Australian Grand Prix was a Formula One motor race held on 4 March 2001 at the Melbourne Grand Prix Circuit. It was the 66th running of the Australian Grand Prix and the first race of the 2001 Formula One season...	MAL 2001 Malaysian Grand Prix The 2001 Malaysian Grand Prix was a Formula One motor race held at theSepang International Circuit in Sepang, Malaysia on March 18, 2001. The race, contested over 55 laps, was won by Ferrari's Michael Schumacher...	BRA 2001 Brazilian Grand Prix The 2001 Brazilian Grand Prix was a Formula One race held at the Interlagos Circuit on April 1, 2001.This exciting Grand Prix had three notable incidents, two of them being overtaking moves, both on Ferrari driver Michael Schumacher, and both taking place at the "Senna S" corner of the track.The...	SMR	ESP	AUT	MON 2001 Monaco Grand Prix The 2001 Monaco Grand Prix was a Formula One race held at Monaco on May 27, 2001.- Classification :- Notes :*David Coulthard started this race at the back of the grid, having stalled on pole.*This race gave the Jaguar team their first podium finish....	CAN 2001 Canadian Grand Prix The 2001 Canadian Grand Prix was a Formula One motor race held at Circuit Gilles Villeneuve on June 10, 2001. It was the 8th round of the 2001 Formula One season.-Race:...	EUR 2001 European Grand Prix The 2001 European Grand Prix was a Formula One motor race held at Nürburgring on June 24, 2001.After an exciting qualifying session, it was Michael Schumacher in the Ferrari who grabbed pole position from brother Ralf Schumacher and Juan-Pablo Montoya in the Williams-BMWs. This proved to be an...	FRA 2001 French Grand Prix The 2001 French Grand Prix was a Formula One race held at Magny-Cours on July 1, 2001.- Classification :- Notes :*Lap leaders: Ralf Schumacher 23 , Michael Schumacher 39 , David Coulthard 1 , Juan Pablo Montoya 9 *Fastest Lap: David Coulthard 1m 16.088s*Pole Position: Ralf Schumacher 1m...	GBR 2001 British Grand Prix The 2001 British Grand Prix was a Formula One motor race held on July 15, 2001 at Silverstone in Northamptonshire, England. It was the eleventh race of the 2001 Formula One season...	GER	HUN 2001 Hungarian Grand Prix The 2001 Hungarian Grand Prix was a Formula One race held at Hungaroring on August 19, 2001. This race saw Michael Schumacher win his fourth World Championship and equal Alain Prost's record of 51 Grand Prix victories.- Classification :- Notes :...	BEL	ITA 2001 Italian Grand Prix The 2001 Italian Grand Prix was a Formula One race held at Monza on September 16, 2001.This was the first F1 race held after the September 11, 2001 attacks in the United States. As a mark of respect, several teams altered their cars' liveries. The Ferraris ran without any sponsorship livery and...	USA 2001 United States Grand Prix The 2001 United States Grand Prix was a Formula One race held on September 30, 2001 at Indianapolis Motor Speedway in Indianapolis, Indiana. This was the first international sport/race event held in USA after the September 11, 2001 attacks.__FORCETOC__...	JPN 2001 Japanese Grand Prix The 2001 Japanese Grand Prix was a Formula One race held on October 14, 2001 at the Suzuka Circuit. The race was won by Michael Schumacher who started from pole position....	10th	1
					Jos Verstappen Jos Verstappen Johannes Franciscus "Jos" Verstappen nicknamed "Jos the Boss" is a Dutch racing driver. He is the most successful Dutch Formula One driver, and has also won races in A1 Grand Prix and Le Mans Series LMP2 races...	10	7	Ret	Ret	12	6	8	10	Ret	13	10	9	12	10	Ret	Ret	15
					Enrique Bernoldi Enrique Bernoldi Enrique Antônio Langue e Silvério de Bernoldi is a Brazilian racing driver who raced for the Arrows Formula One team...	Ret	Ret	Ret	10	Ret	Ret	9	Ret	Ret	Ret	14	8	Ret	12	Ret	13	14
	KL Minardi Asiatech Minardi Minardi was an automobile racing team and constructor founded in 1979 by Giancarlo Minardi. It competed in the Formula One World Championship from 1985 until 2005 with little success, nevertheless acquiring a loyal following of fans...	Minardi PS02 Minardi PS02 The Minardi PS02 was a Formula One racing car with which Minardi contested the 2002 Formula One season. It scored 2 points, both at Australia when rookie Mark Webber finished 5th...	AT02 3.0 V10 V10 engine A V10 engine is a V engine with 10 cylinders in two banks of five with a distinct exhaust note.- Mechanics :The V10 is essentially the result of mating two even-firing straight-5 engines together. The straight-5 engine shows first and second order rocking motion...			AUS 2002 Australian Grand Prix The 2002 Australian Grand Prix was a Formula One race held on 3 March 2002 at the Melbourne Grand Prix Circuit. It was the first race of the 2002 Formula One season....	MAL 2002 Malaysian Grand Prix The 2002 Malaysian Grand Prix was a Formula One race held on March 17, 2002 at the Sepang International Circuit and was the second race of the 2002 Formula One season. The Grand Prix is notable for the first lap collision between Williams driver Juan Pablo Montoya and Ferrari's Michael Schumacher,...	BRA 2002 Brazilian Grand Prix The 2002 Brazilian Grand Prix was a Formula One race held on March 31, 2002 at the Autódromo José Carlos Pace.__FORCETOC__-Qualifying:-Race:- Notes :*Fastest Lap: Juan Pablo Montoya 1m 16.079s...	SMR 2002 San Marino Grand Prix The 2002 San Marino Grand Prix was a Formula One race held on April 14, 2002 at the Autodromo Enzo e Dino Ferrari.__FORCETOC__-Qualifying:- Race :- Standings after the race :Drivers' Championship standingsConstructors' Championship standings...	ESP	AUT 2002 Austrian Grand Prix The 2002 Austrian Grand Prix was a Formula One race held on May 12, 2002 at the A1-Ring. It was infamous for the "staged finish", where race leader Rubens Barrichello, who was running first, was ordered to allow Ferrari teammate Michael Schumacher to overtake him under "team orders" and win the...	MON 2002 Monaco Grand Prix The 2002 Monaco Grand Prix was a Formula One race held on May 26, 2002 at the Circuit de Monaco.__FORCETOC__-Qualifying:-Race:- Notes :*This was the first of four races to be broadcast in the U.S...	CAN	EUR 2002 European Grand Prix The 2002 European Grand Prix was a Formula One race held at Nürburgring on June 23, 2002.-Qualifying:-Race:- Standings after the race :Drivers' Championship standingsConstructors' Championship standings...	GBR	FRA 2002 French Grand Prix The 2002 French Grand Prix was a Formula One motor race held at Magny-Cours on July 21, 2002. It was the 11th race of the 2002 Formula One season and the race in which Michael Schumacher secured his 5th World Drivers' Championship title in record time, equalling Juan Manuel Fangio's record set over...	GER 2002 German Grand Prix The 2002 German Grand Prix was a Formula One race held at Hockenheimring on July 28, 2002. It was the first Grand Prix to be held at Hockenheimring since the track was redesigned, which had seen the forest sections of the track removed and hence the length of the track shortened.- Qualifying...	HUN 2002 Hungarian Grand Prix The 2002 Hungarian Grand Prix was a Formula One race held at Hungaroring on August 18, 2002.-Qualifying:-Race:-Notes:*Lap leaders: Rubens Barrichello 76 , Ralf Schumacher 1 *First race: Anthony Davidson...	BEL	ITA	USA 2002 United States Grand Prix The 2002 United States Grand Prix was a Formula One race held on September 29, 2002 at Indianapolis Motor Speedway in Indianapolis, Indiana.-Summary:...	JPN 2002 Japanese Grand Prix The 2002 Japanese Grand Prix was a Formula One motor race held at Suzuka on October 13, 2002. It was the seventeenth and final round of the 2002 Formula One season...	9th	2
					Alex Yoong Alex Yoong Alexander Charles Yoong Loong , is a Malaysian race car driver of European and Asian parentage. His mother, Joanna Bean, is from England. His father, Hanifah Yoong Yin Fah , a Malaysian Chinese, is a former racer and manager of the Shah Alam circuit between 1988 and 1998...	7	Ret	13	DNQ	WD	Ret	Ret	14	Ret	DNQ	10	DNQ			13	Ret	Ret
					Anthony Davidson Anthony Davidson Anthony Denis Davidson is a British former Formula One racing driver from England, born in Hemel Hempstead, Hertfordshire. He has raced for Minardi, Super Aguri and been a test and/or reserve driver for the British American Racing, Honda and Brawn GP teams...													Ret	Ret
					Mark Webber Mark Webber Mark Alan Webber is an Australian Formula One driver.After some racing success in Australia, Webber moved to the United Kingdom in 1995 to further his motorsport career...	5	Ret	11	11	WD	12	11	11	15	Ret	8	Ret	16	Ret	Ret	Ret	10