Super Aguri withdraw from Formula One

May 6, 2008

Autosport.com is reporting that Super Aguri have withdrawn from the Formula One world championship with immediate effect.

After weeks of speculation about their future following the collapse of a proposed takeover by the Magma Group, a last-minute rescue package by German automotive company Weigl Group was not good enough to keep them racing.

Team principal Aguri Suzuki is understood to have met with the Honda board in Japan on Tuesday, but the outcome of that meeting was that the team will no longer be racing.

This is very disappointing news.

Posted in Super Aguri