Wednesday 25 February at 09:59 : Feb.25 (GMM) The boss of the open wheeler series A1GP admits he is still interested in fielding a formula one team

South African millionaire Tony Teixeira has been linked in the past with buying Super Aguri, Spyker, Toro Rosso and - most recently - Honda, but he has expressed reservations about the sport's tightening customer car rules

But the website of the British magazine Autosport now claims that Teixeira remains interested in F1, having bought land near the new Algarve circuit in Portugal

He wants to base A1GP at Portimao and admits that "eventually it could house an A1/F1 office" with the backing of the Portuguese government

Teixeira insists that things have moved on since he lost interest in F1 due to the customer car dispute

"Today I'm in a completely different situation. I've built my own cars and designed my own chassis. I have my own factory. So I'm not a customer boss. I can now build my chassis and run with a Ferrari engine. I'm now the same as everyone else," he said

Teixeira said he would use his F1 team to place the champions of his A1 series