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It's being organised by some marketing group from Essex, would you believe, who probably have a mild interest in both "sports" (or rather businesses, in Bernie's words) and want to be involved for the same reason that Mr. Ecclestone is. There were a few rumours about Formula Football in early September last year, with an Article in F1 racing ("Second Division GPs," in the one with JV on the front).
Has anyone heard of ISSC? It's another new Euro series which is a bit like F3, apparently
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