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• REPORT: Super Aguri on sale for $1

  Filed under: Motorsports , Earnings/Financials , India 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... Posted Jan 30 2008, 10:35 AM by Autoblog Filed under: Motorsports, Earnings/Financials, tata, india, SuperAguri, super aguri, force india, ForceIndia, aguri for sale, scuderia toro rosso, aguri suzuki, ScuderiaToroRosso, AguriForSale, AguriSuzuki, SpiceGroup, str, spice group

• Force India delays driver announcement until January 11

  Filed under: Motorsports , Hirings/Firings With the majority of F1 teams gearing up to unveil their new cars, all but two have confirmed their drivers for the upcoming season. The only seats still up for grabs are with Force India and Super Aguri, and while the former was expected to confirm its drivers before the end of the year, that date has now been pushed off until January 11. Adrian Sutil is all but completely confirmed to take one of the seats at the team formerly known as Spyker and before that as Jordan since its founding in 1991. But a number of drivers remain hopeful to take the second seat, including Renault refugee Giancarlo Fisichella, former Toro Rosso driver Vitantonio Liuzzi, former Jaguar/Red Bull/Honda pilot Christian Klien and Roldán Rodríguez, currently slated as Force India's test driver. Veteran racer Ralf Schumacher, as we previously reported, tested for the seat, but previous reports that the German driver would have to sit out the 2008 season... Posted Dec 31 2007, 10:58 AM by Autoblog Filed under: Motorsports, 2008, formula one, FormulaOne, f1, Hirings/Firings, SuperAguri, super aguri, force india, announcement, ForceIndia, confirmed, WorldChampionship, drivers, world championship, roster