It was a good basic concept (the concept of having some form of nations cup), but the problem was what A1GP did with the rest of the thing.
There were some good drivers, but there problem is that the best racing drivers tend to come from a few countries (some of whom weren't even represented in A1GP), meaning that there were number of consistently weak nations, which have practically no talent pool to draw from. Some of those drivers were simply not of the required calibre. That's why it would be better to have 10-12 2/3 car teams rather than however many one car teams.
I agree that the basic concept is a good one, but not much more than that. Any attempt at that concept wouldn't need the A1 name, the A1 cars, the other bits of A1. It would need, however, direct running by the FIA.
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