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Asiatech was the trade name of a French motorsport engineering company that operated as a Formula One engine supplier in 2001 and 2002.

Last updated August 25, 2026

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Overview

Asiatech was the trade name used by Asia Motor Technologies France, a short-lived French motorsport engineering company established in 2000 with Japanese private backing. Its central project was the acquisition and continuation of Peugeot Sport’s Formula One engine assets after Peugeot withdrew from Formula One at the end of the 2000 season. The company was led by Dr. John Gano and Enrique Scalabroni and was intended to acquire advanced European engine technology for Asian interests while developing an Asian-themed Formula One project. The company initially operated under the name Asia Motor Technologies, or AMT. The Asiatech name became the better-known public trade name, although AMT remained visible in some contemporary references, including the Formula One 2001 video game. The organization took over Peugeot’s engine-related facilities, equipment, and personnel and expanded its workforce from approximately 170 to 221 employees. Its first competition program involved supplying updated and rebadged Peugeot V10 engines to the Arrows Formula One team during the 2001 season. The engines were supplied without charge while they were being developed and tested, reflecting Asiatech’s need to gain operational experience and establish itself as an independent supplier. For 2002, Asiatech moved its engine supply relationship to Minardi. The company’s V10 became more reliable during that season and ranked fourth among the nine Formula One engine suppliers for reliability, tied with BMW according to the cited account. Minardi nevertheless recorded several engine-related retirements, illustrating the gap between improved reliability and the broader performance and durability demands of Grand Prix racing. Arrows, which had used Asiatech engines in 2001, later ran Cosworth engines after its financial problems intensified and the team collapsed during the 2002 season. Asiatech’s ambitions extended beyond supplying engines. During 2002 it explored the creation of its own Formula One team and purchased the former Williams Touring Car design office in Didcot. Sergio Rinland and Ron Tauranac were recruited to work on an original chassis concept. The proposed car was intended initially as a test platform for Asiatech engines and potentially as a Formula One entrant for 2004. The company also considered possible engine-supply or acquisition arrangements involving Jordan after Honda decided to focus its Formula One efforts on BAR and withdraw from Jordan at the end of 2002. These plans did not mature. The company’s program was undermined when its Japanese private funding was withdrawn during the 2002 season. Asiatech had already produced a wind-tunnel model of its proposed chassis, and it was also pursuing a compact engine for a GT sports car and had completed the design of an LMP1 sports car. Without continued financing, however, the organization announced its shutdown on 3 November 2002. Employees returned to Peugeot or moved to Renault and other Formula One programs. A group of former employees attempted to establish a design and consultancy venture called Design Tech Centre, but that effort was unsuccessful. In February 2003, Asiatech’s remaining assets, including engines, a dynamometer, machine tools, and electronic measurement equipment, were sold at auction in Paris. Asiatech therefore remained a brief but distinctive participant in the transition of Peugeot’s Formula One engineering assets into an independent, Asia-oriented motorsport technology venture.

History

Asia Motor Technologies France was founded in 2000 with Japanese private backing and operated publicly under the Asiatech trade name. Its formation followed Peugeot’s departure from Formula One at the end of the 2000 season. Rather than developing a program entirely from new resources, the company acquired Peugeot Sport’s Formula One engine assets and sought to turn them into an independent customer-supply business with an Asian orientation. The organization was led by Dr. John Gano and Enrique Scalabroni. Its initial mandate combined two goals: obtaining advanced European engine technology for Asian interests and developing an Asian-themed Formula One team. The inherited operation had a substantial technical base, and Asiatech expanded its staffing from about 170 to 221 employees. Before the Asiatech name became established, the organization was generally identified as Asia Motor Technologies, or AMT. This earlier designation appeared in some period material, including the Formula One 2001 video game. In 2001, Asiatech supplied Arrows with updated and rebadged Peugeot V10 engines. The engines were provided free of charge while the company refined and tested its technology. This arrangement gave Asiatech a Formula One operating platform but also placed the business in a difficult competitive position: it had to develop inherited hardware, support a customer team, and establish commercial credibility without the resources of major manufacturer-backed suppliers. For 2002, the engine relationship shifted to Minardi. Asiatech’s V10 reliability improved, and the company was reported to have finished fourth among nine suppliers for reliability, level with BMW. Minardi still suffered four engine-related retirements among its fourteen retirements that season. Arrows, meanwhile, encountered severe financial problems, changed to rented Cosworth engines, and was liquidated during the 2002 season. These events reduced the stability of the customer-engine environment in which Asiatech was operating. Asiatech also pursued a broader engineering strategy. It worked on a compact new engine for a GT sports car and completed the design of an LMP1 sports car. In Formula One, it considered entering as a constructor rather than remaining an engine supplier. The company purchased the former Williams Touring Car design office in Didcot and recruited Sergio Rinland and former Brabham designer Ron Tauranac. Their proposed chassis was intended first as an engine testbed and later as the basis of a possible 2004 Formula One entry. A wind-tunnel model of the original car was designed and presented. The constructor plan remained contingent on financing. During 2002, Asiatech was also linked with possible engine-supply discussions with Jordan and speculation about a potential purchase of that team after Honda chose to concentrate its efforts on BAR. No such transaction occurred. The withdrawal of Asiatech’s Japanese private funding during the season brought the wider project to an end. The company announced its shutdown on 3 November 2002. Its personnel returned to Peugeot or joined Renault and other Formula One programs. Former employees attempted to create a design and consultancy organization called Design Tech Centre, but it did not succeed. In February 2003, the remaining assets of the engine operation were auctioned in Paris. The sale included eighteen engines, a dynamometer, machine tools, and electronic measuring equipment. Asiatech consequently existed for only a few years, but its history illustrates the difficulty of transforming inherited manufacturer technology into a sustainable independent Formula One enterprise. It achieved customer-engine participation with Arrows and Minardi, improved its reported reliability, and developed credible sports-car and chassis concepts, yet its ambitions ultimately depended on private funding that was not maintained.

  • 2003

    Remaining assets are auctioned

    [1]

    The engine company’s equipment and engines are sold at auction in Paris.

  • 2002

    Minardi becomes the Formula One customer

    [1]

    Asiatech supplies Minardi and records improved engine reliability during the season.

  • 2002

    Independent Formula One chassis project advances

    [1]

    The company acquires a Didcot design office, recruits Rinland and Tauranac, and develops a wind-tunnel model for a proposed chassis.

  • 2002

    Operations are wound down

    [1]

    After Japanese private funding is withdrawn, Asiatech announces its shutdown on 3 November.

  • 2001

    Arrows engine-supply program begins

    [1]

    Updated and rebadged Peugeot V10 engines supplied by Asiatech power Arrows, initially without a customer charge.

  • 2000

    Asia Motor Technologies France is established

    [1]

    The company is founded with Japanese private backing under the leadership of John Gano and Enrique Scalabroni.

  • 2000

    Peugeot Formula One assets are acquired

    [1]

    Asiatech acquires the assets of Peugeot Sport’s Formula One engine program after the 2000 season.

Products and positioning

An independent, Asia-oriented motorsport engineering venture focused on converting Peugeot Formula One technology into a customer engine program and, ultimately, an Asian-themed Formula One constructor.

  • Formula One engine · 2001

    Asiatech V10 Formula One engine

    An updated and rebadged development of Peugeot’s Formula One V10 engine. Asiatech supplied the unit to Arrows in 2001 and Minardi in 2002. The program was intended to provide a competitive customer engine while the company developed its own technical identity. Reliability improved during 2002, although Minardi still experienced several engine-related retirements.

  • Formula One chassis · 2002

    Proposed Asiatech Formula One chassis

    A planned original Formula One car developed as part of Asiatech’s proposed constructor program. The design was intended initially to serve as a testbed for Asiatech engines and potentially to enter the championship in 2004. A wind-tunnel model was completed and presented, but the project was abandoned when funding was withdrawn.

  • GT sports-car powertrain · 2002

    GT sports-car engine concept

    A compact engine concept developed alongside the Formula One program for a proposed GT sports car. The project reflected Asiatech’s attempt to broaden its engineering activities beyond Grand Prix racing, but no production program is documented in the cited material.

  • Sports-prototype design · 2002

    LMP1 sports-car design

    A complete LMP1 sports-car design reportedly prepared by Asiatech as part of its wider motorsport engineering ambitions. The design did not become a documented competition or commercial product after the company’s funding ended.

Brand decisions

  • 2002

    Pursue an independent Formula One teamStrategy

    Background

    Asiatech sought to move beyond customer engine supply and create an Asian-themed Formula One operation.

    Action taken

    The company purchased a former Williams Touring Car design office, recruited chassis designers, and developed a proposed car and wind-tunnel model.

    Aftermath

    Funding was withdrawn before the project could reach Formula One entry, and the proposed 2004 program was abandoned.

  • 2002

    Wind down the company after funding withdrawalStrategy

    Background

    The company’s Japanese private financing was cut during the 2002 season.

    Action taken

    Asiatech announced its shutdown on 3 November 2002 and returned staff and facilities acquired from Peugeot.

    Aftermath

    Employees moved to Peugeot, Renault, and other Formula One programs; remaining assets were auctioned in Paris in February 2003.

  • 2001

    Provide engines to Arrows without chargeStrategy

    Background

    As a new supplier using inherited Peugeot technology, Asiatech needed track mileage and operational experience.

    Action taken

    It supplied updated Peugeot-derived V10 engines to Arrows free of charge while the engines were developed and tested.

    Aftermath

    The arrangement gave Asiatech a Formula One customer platform for the 2001 season.

  • 2000

    Acquire Peugeot’s Formula One engine operationStrategy

    Background

    Peugeot was leaving Formula One after the 2000 season, creating an opportunity for an independently financed engineering company to acquire its engine assets.

    Action taken

    Asiatech purchased the relevant assets and sought to operate them as an independent, Asia-oriented engine program.

    Aftermath

    The acquisition enabled Asiatech to supply Arrows and later Minardi, but the company remained dependent on private funding.

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