Click here to visit our sponsor The Paddock
 
 
Click here to visit our sponsor Amalgam Side

Click here ...

Subscribe to the PITPASS newsletters:
NAME:
EMAIL:
 Weekly
 Grand Prix
 Hot News
 HTML
 Plain Text
 Subscribe
 Unsubscribe
The Pitpass Hungarian Grand Prix preview
Ordered Teams
Austin Will Deliver
Magnanimous Massa Is The Moral Victor
The Pitpass German Grand Prix preview

More Features...

Click here to visit our sponsor SysExcel

Super Aguri withdraws from F1

06/05/2008

Following weeks of speculation, the Super Aguri F1 team has this morning made the following statement, announcing its withdrawal from the 2008 FIA Formula One World Championship:

Participating in Formula One since the 2006 season, the Team, which scored its first championship points after only 22 races (Spanish Grand Prix, 2007) and finished ninth overall in the 2007 Constructors’ Championship, will cease all activities as of 6th May 2008.

Aguri Suzuki, Team Principal, Super Aguri F1 Team: “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."

Related Articles

Date Title

05/05/2008 Takuma talks
05/05/2008 Super Aguri refused entry to Istanbul paddock
04/05/2008 Weigl confident his company is the "perfect match" for Super Aguri
03/05/2008 Fry sceptical of Weigl's rescue deal for Super Aguri
02/05/2008 Super Aguri and Weigl issue statement
01/05/2008 Customer car rule keeps A1 GP boss Teixeira out of F1
01/05/2008 Super Aguri waits
30/04/2008 New name linked with Super Aguri buy-out
28/04/2008 Ecclestone fears for Super Aguri
27/04/2008 Spanish GP: Race notes - Honda

Further Options

Click here to view a printer friendly version of this news item Printer friendly version of this news item
Click here to send this news item to a friend Send this news item to a friend
Click here to visit the Pitpass forum Discuss this news item in the Pitpass forum
Search the PITPASS news:
Hungarian GP: Thursday Press Conference
I am not number two, insists Massa
Monaco agrees new 10-year deal
Hungarian GP: Preview - Virgin
Wheel tethers to be strengthened
Android live timing app now available
Hungarian GP: Preview - Force India
Ecclestone sceptical of teams' futures
A "very special weekend" for Massa
Exclusive: Clear Channel to promote US Grand Prix
Hungarian GP: Preview - Cosworth
Hungarian GP: Preview - Hispania
Austin investor revealed
Chandhok to miss Hungarian GP
Hungarian GP: Preview - Mercedes
Mid-season Q&A with Renault's Rob White
Renault duo look ahead to Hungary
Hungarian GP: Preview - Williams
Hungarian GP: Preview - McLaren
F1's marketing man

More News...

Hungaroring: Official Preview
Hockenheim - Sprint Race Quotes
Driver & Team Standings after Hockenheim
Perez wins Hockenheim Sprint Race
Hockenheim: Sprint Race - Result

More News...

Click here to visit our sponsor GP2
GP3: Hungaroring - Official Preview
GP3: Driver & Team Standings after Hockenheim
GP3: Gutierrez strengthens lead with Race 2 win
GP3: Hockenheim - Race 2 Result
GP3: Wickens wins dramatic Race 1

More News...

  Click here for the Pitpass RSS Newsfeed