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Filed under: Motorsports , Honda Reports are surfacing that the Super Aguri F1 team has been turned away from the Turkish Grand Prix's paddock. The denial of access occurred because of financial complications. Team supporter Honda contacted Formula One Management and informed the organization that they would not be providing any more assistance to the struggling team. With no one left to pay the bills, Super Aguri was left stranded outside of the track gates. One potential life vest has already been thrown to the Japanese team by German engineering firm Weigl Group. However, their contribution would not be enough to fully support race operations. The Super Best Friends need more investors to jump aboard in order to make it through the end of the season, let alone the next race. [Source: Speed TV , Photo by Ryan Pierse/Getty] Read | Permalink | Email this | Comments
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Filed under: Motorsports , Japan , Honda , Earnings/Financials 12/06/07: Luca Felipe of Italy test drives the Super Aguri car during Formula One Testing at the Circuito de Jerez in Jerez de la Frontera, Spain It's no secret around the F1 paddock that Super Aguri is in big financial trouble. The team, founded by former Japanese F1 driver Aguri Suzuki, made its debut at the start of the 2006 season after buying its place on the grid - unlike most new teams that were formed out of previous entries. Aguri runs on a shoe-string budget, fielding old cars and relying heavily on Honda's patronage to pay the enormous bills of operating a Formula One team. Emerging reports now suggest that Honda has decided to continue supporting the team for another season. Because Honda is believed to supply a big chunk of Aguri's budget (as well as its engines and chassis) - effectively making it Honda's "B-squad" - the Japanese auto giant has the power to decide Super Aguri's fate...
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