After weeks of struggling to secure support the Super Aguri Formula One team today announced their withdrawal from the World Championship.
A prospective deal with the German Weigl group failed to reach a satisfactory conclusion, and parent company Honda have lately been reluctant to pour more funds into the team.
The full statement, as issued by team principal Aguri Suzuki, reads as follows:
“In order to realize my dream to become an owner of a Formula One Team, I applied for a grid position in the FIA Formula One World Championship in November 2005. Since then, I have participated in the championship for 2 years and 4 months as the Super Aguri F1 Team, but regretfully I must inform you that the team will be ceasing its racing activities as of today.
The team has competed against the many car manufacturer backed teams and has succeeded in obtaining the first points after only the 22nd race finishing in 9th place overall in the 2007 Constructors’ Championship. However, the breach of contract by the promised partner SS United Group Company Limited resulted in the loss of financial backing and immediately put the team into financial difficulties. Also, the change in direction of the environment surrounding the team, in terms of the use of customer chassis, has affected our ability to find partners.
Meanwhile, with the help of Honda, we have somehow managed to keep the team going, but we find it difficult to establish a way to continue the activities in the future within the environment surrounding F1 and as a result, I have concluded to withdraw from the Championship.
I would like to express my deepest thanks to Honda, Bridgestone, the sponsors, all the people who have given us advise during various situations over the past couple of years all the Team Staff who have kept their motivations high and always done their best, Anthony Davidson who has always pushed to the limit despite the very difficult conditions, Takuma Sato who has been with us from the very start and has always fought hard and led the team and lastly our fans from all over the world who have loyally supported the Super Aguri F1 Team."
The announcement means their will only be twenty cars in the grid for this weekends Turkish Grand Prix and the remainder of the 2008 season.
UpdateF1 would like to express sympathy for Aguri Suzuki, and all concerned with the team, and wish them all the very best for the future.
Written: Tue, 06 May 2008 08:17:57
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