As we all know, Formula One team Super Aguri have been supported in the past by automotive giant Honda, and essentially the small outfit was considered the Japanese squad’s B-team. However, with a change to the customer-car rules due to be implemented prior to the 2010 season, Honda have decided that they can no longer support the team. I’m sure the reasons run much deeper than that and finances play a big part of the sudden turn-around, but alas the news has left Aguri in a bit of a state. Searching for a potential investor, team owner and former racing driver Aguri Suzuki had managed to cobble together a deal with the Magma Group. However, it all went wrong when Magma’s investors backed out. Now Aguri is working closely with the Weigl group, but all I’m getting from the Honda camp is a bad vibe. In fact, it is bordering on negativity just for the sake of being negative.
It seems as though HondaF1 CEO Nick Fry has something to say, and is being quite persistent in saying it.
I am aware that Aguri Suzuki is continuing to look for an investor and we wish him well. Since we have been looking for a partner for over a year, unfortunately, it would seem unlikely that someone appropriate is going to appear in the next 48 hours. Nick Fry.
Pitpass have speculated that Super Aguri owe Honda somewhere around the $100m mark, and that the loan is secured against the factory, cars and other equipment. Today, it emerged that Super Aguri have been refused entry into the Istanbul paddock, and Pitpass believe the Super Aguri cars are being sent to the Honda factory. According to Autosport, the motorhome and spare-parts truck have been refused entry because Fry had told FOM the team wouldn’t be racing in Turkey. Apparently, Super Aguri are parked up somewhere outside the circuit grounds while they wait for further news.
So as Fry doesn’t believe Super Aguri can find an investor has he decided to start recouping the loan? It seems particularly harsh, especially when the team are currently in the process of negotiating a possible deal. But Fry had more to say on the Weigl deal.
It would appear unlikely that a company the size of Weigl is able to support a competitive Formula One team, unless of course there are other partners of which we have not been made aware. Nick Fry.
It sounds to me like Honda really don’t want Super Aguri to sort themselves out and pay back the money they owe. Instead, Honda would rather push Aguri harder until they eventually fall over, and then seize their assets, much like how a bully behaves in the school playground. Considering Super Aguri was originally set up to appease the Japanese fans who were upset when Honda signed Rubens Barrichello instead of Takuma Sato, Honda appear to now be turning their backs on those whom they profess to love so much.[poll=10] Download Original Wallpaper