Entries Categorized as 'Super Aguri'

Fry denies involvement in Aguri collapse

Date May 14, 2008

As reported at Autosport.com, Honda Racing CEO Nick Fry has hit back at claims he went out of his way to ensure Super Aguri did not continue in Formula One.
Fry spoke out in public ahead of crunch meetings between Aguri Suzuki and the Honda board in Japan, saying he was skeptical about the success of [...]

Super Aguri withdraw from Formula One

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Autosport.com is reporting that Super Aguri have withdrawn from the Formula One world championship with immediate effect.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

Super Aguri made to wait on future

Date April 30, 2008

As reported in an earlier posting, Aguri was to meet with Senior Honda people today. Autosport.com is reporting that Super Aguri will have to wait until next week to find out if they can continue in Formula One, with no decision on their future made in a meeting between team boss Aguri Suzuki and Honda [...]

Weigl Group in last-minute Super Aguri bid

Date April 29, 2008

Autosport.com is reporting that German automotive company Weigl Group is poised to make a last-minute bid to try and save Super Aguri from collapse, as the team face a critical few days to try and secure their future.
With Super Aguri’s deal with the Magma Group and Dubai International Capital (DIC) having collapsed recently, and little [...]

Ecclestone worried about Aguri’s future

Date April 28, 2008

Autosport.com is reporting that Formula One supremo Bernie Ecclestone says he is worried about the Super Aguri team, as the squad look set to find out this week if they have raced in Formula One for the last time.
A meeting with backers Honda in Japan on Wednesday could decide the future of the struggling tail-enders [...]

Super Aguri get Spanish reprieve

Date April 25, 2008

The BBC is reporting that struggling Super Aguri have been cleared to race in this weekend’s Spanish Grand Prix despite continuing uncertainty about their future.
Honda - which supplies Super Aguri with cars, engines and much of their funding - gave the go-ahead following meetings in Japan on Friday.
The team still need a buyer if they [...]

Super Aguri face Friday deadline

Date April 24, 2008

Autoport.com is reporting that Honda have given Super Aguri until Friday to find other financing. This is surprising in that if Super Aguri go under Honda has the most to lose.
Discussions between Super Aguri and investors are continuing as they bid to put together a deal to secure their future after the collapse of a [...]

F1’s deal of the century

Date April 24, 2008

GrandPrix.com has an interesting writeup on the Super Aguri issue. The word in the Formula 1 paddock in Barcelona is that things are coming to a head over the future of the Super Aguri F1 team. Magma International now seems to have reached the end of the road with the Dubai Investment Corporation (DIC) and [...]

Super Aguri Problems

Date April 22, 2008

After Super Aguri’s deal with Magma fell though (as reported at Autosport.com), there was some question on whether they would make the Spanish Grand Prix.
It now looks likely to stave off collapse - in the short term at least - after confirming their cars were on the way to Spain for this weekend’s race as [...]

Super Aguri set for management reshuffle

Date March 13, 2008

Autosport.com is reporting that Super Aguri’s new owners are set to carry out a senior management reshuffle within the next month, with managing director Daniel Audetto’s future at the team in doubt.
The Leafield-based team are to be taken over by automotive consultancy firm the Magma Group, with a deal set to go through before [...]