NEXT RACE - 25th May

Weigl Group could bail out Super Aguri

Wednesday 30th April 2008

Automotive company Weigl Group are set to launch a bid to bankroll the cash-strapped Super Aguri team, according to a report on Autosport on Tuesday.

Weigl Group boss Franz Josef Weigl was reportedly present at last weekend's Spanish Grand Prix and has been linked with a £6.5million bid for the team run by former F1 driver Aguri Suzuki.

Super Aguri are on the verge of collapse after a mooted deal with Magma Group and Dubai International Capital failed to materialise.

The team defied the odds to participate in Barcelona at the weekend but their presence at the next round in Turkey could hinge on securing fresh investment in the coming days.

According to the report, any deal with Weigl Group would likely only secure Super Aguri's future for the remainder of the 2008 season, with a long-term solution to be sought at a later date.

Team principal Suzuki will meet with Honda's top brass in Japan tomorrow, where he is expected to urge Super Aguri's parent company to accept the Weigl Group bid.

Post to del.icio.us

E-mail Article Print-Friendly Version Subscribe to News RSS Feed