Super Aguri Withdraws From F1

The Super Aguri team has failed in its effort to survive the season. Talks have fallen through with all of its potential backers and the Honda Motor Co., which has supported the team for the last two seasons. Formula One is one team poorer, down to 10 teams.

“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," said Aguri Suzuki, the team principal. "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."

"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," he added.