March 28, 2003
After the collapse of the GPVWC, EIRE manager William Ponissi has announced his intention not to let go.

The Irish-Italian has founded a new chapter in the League, and, due to the non availability of the name GPVWC, decided to call it F1VWC - Formula 1 Virtual World Championship.

Hopefully, as many teams as possible will join from the GPVWC, in order to carry on the 2003 season in the smoothest way possible.