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Honda sad about Aguri's exit

Honda sad about Aguri's exit

06 May 2008

The Honda Formula 1 team has said it is sad to see Japanese team Super Aguri withdrawn from Formula One. The Super Aguri team made its announcement on Tuesday morning. Car manufacturer Honda supported the team since its establishment in 2005.

In a statement Honda said: At the beginning of the 2008 season, when the team started negotiations with the strong candidate MAGMA Group, Honda has actively cooperated by proposing many forms of support. Just when we thought the three groups have reached an agreement, we were told that MAGMA and their financial backers had decided not to pursue the deal.

Honda has continued to support the team as much as possible but Aguri Suzuki, Team Principal has come to Honda and expressed his decision to withdraw from Formula One as he is not capable of establishing a foundation for independent operation of the team.

The Super Aguri F1 Team's withdrawal is indeed very disappointing for us but we understand that it was inevitable unless the team could find a way to stand alone by itself in the future.

We would like to express our thankfulness to the Super Aguri F1 Team and all the fans who have supported them for sharing the dreams and fighting together with Honda.



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