• Jan 30th 2008 at 6:35PM
  • 15

Super Aguri undergoing testing at Jerez

Well that didn't take long. After only two years on the grid, Super Aguri is up for sale. Unlike most of the other "new" teams that took over and rebranded themselves from previous teams, Super Aguri actually put up the bond to join the 2006 Formula One championship as an additional entry. Since then, however, the team has had difficulty putting together the enormous budget required of a modern F1 team, falling into debt to the tune of $47 million, despite getting support from Honda and running old cars.

Now, following the emergence of Force India and the confirmation of an Indian Grand Prix in two years, another Indian business consortium is looking at buying its way into the sport. The Spice Group telecommunications company, which already sponsors Indian former F1 driver Narain Karthikeyan's Team India A1GP car, is reported to be negotiating to acquire Super Aguri. Tata, which is inching closer to its acquisition of Land Rover and Jaguar (which itself once had its own F1 team), is reported to be possibly supporting the bid. The price: $1, plus the coverage of the team's debts. The deal hasn't been finalized, but would involve bringing Karthikeyan back to the grid, and leaving Aguri Suzuki in charge. Spice confirms that it is talking with Aguri and a second team. In related news, Red Bull boss Dietrich Mateschitz has reiterated that Scuderia Toro Rosso is not for sale.

[Source: F1-Live, Photo by Denis Doyle/Getty]

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    • 1 Second Ago
      • 7 Years Ago
      Will we see a cosworth motor back on the grid?
      • 7 Years Ago
      Super Best Friends forever!!!!!!!
      • 7 Years Ago
      Noooooooo. No more Indians on the grid or the paddock. One team is enough.. and even then I hope Force India fall on their ass and fold within a couple of years. Im dreading the day a chinese group wants to buy into the sport, sadly I know it will happen sooner rather than later.

      India, stick to the call centre work and leave F1 to the europeans and japanese.
        • 7 Years Ago
        thanks for ur "advice" u rotten racist...
        • 7 Years Ago
        haha, you're a retard.
      • 7 Years Ago
      I'd buy that for $1!
      • 7 Years Ago
      Thats so disappointing...That team works so hard which is why I love them. Small outfit as well how it use to be. You can see them more as a team then an organization bent on world domination.

      I cant wait for China to get into racing and India. Dubai, what are all you richies doing over there beside buying Veryons? Come race ya wankers. Maybe we'll finally get a world championship not a European.
      • 7 Years Ago
      Three words: Nano F1 Edition
      • 7 Years Ago
      Hi, this is David again. I just got out of the shower and I heard the phone ringing. In case it was you Aguri-san, I tried calling you.

      If you are unsure about selling that's ok, but I would really like to talk to you about it.

      I might be at my mom's place having supper, so please feel free to call me there also at 1-800-momma-f1.

      I hope to hear from you soon.


      speak to you soon.

      Good bye.

      In case you didn't get the number it's 1-800-momma-f1.


      Good. Good bye.
      • 7 Years Ago
      Jaguar F1 ?
      • 7 Years Ago
      $ 1! I want to buy one . . . Jaguar F1 for $ 1! lol

      • 7 Years Ago

      This is my favorite team. I guess as long as Sato has a place to race i'll be happy. It would be sad to see the name go. We will have more Indians in F1 than Americans.

      • 7 Years Ago
      Hey it doesn't look like they have a second driver yet...

      PICK ME PICK ME PICK ME!!!! I have no experience but I learn quick and I'm probably already a better driver than Karthikeyan! I'll even do nothing but work out my neck for the next 2 months to be ready for the start of the season!
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