'Rival series not dead yet'


LONDON: Carmakers planning a rival series to Formula One say the project remains alive despite Ferrari’s decision to break ranks and stay in the existing championship until at least 2012. 

A spokesman for the Grand Prix World Championship (GPWC) said chairman Juergen Hubbert had written to the champions’ nine rivals on Friday urging them to keep an open mind and not act hastily. 

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