Business recognition for A1 Team China
The award was presented in recognition of Mr. Liu’s significant contribution to developing the motorsport industry in China through his work with A1GP World Cup of Motorsport and close cooperation with the Federation of Automobile Sports of China (FASC). His investment in A1 Team China and the two Chinese A1GP events in Beijing and Shanghai has led to substantial growth in support for A1GP and motorsport in China.
Major Chinese corporations including Sinopec, Air China, Citic Bank and Huatai Insurance have seized the opportunity to support both team and event, using the opportunity to build brand awareness on a global stage. The recent A1GP Beijing, China was the city’s first street race and the support it received from fans and sponsors clearly demonstrated the appetite for A1GP in the world’s fastest growing market.
A1 Team China is the country’s first national motorsport team and gives China its first opportunity to be represented within international motorsport. In recognition, the FASC named A1 Team China ‘The Best Performing Racing Team in China, 2006’ and nominated Mr. Liu as Deputy Chairman of the organization.