Super Aguri optimistic over new Weigl deal 02 May 2008
Super Aguri have revealed they are in final discussions with the Weigl Group concerning a deal that would secure the troubled teams racing future. If the deal is approved it will see the German automotive company acquire a substantial shareholding in the Japanese squad.
We are happy that we have been able to resurrect talks between Super Aguri F1 Team and Franz Weigl at such short notice and to have the opportunity of presenting the Weigl Group to the Honda Board once again, said team founder Aguri Suzuki.
Such a partnership as the one proposed by Weigl Group will allow us to race for the foreseeable future and I am hopeful that all parties will find the Groups offer a realistic package.
The renewed discussions with Weigl follow the collapse last month of a planned takeover by the Magma Group, which forced Suzuki to resume his search for new backers for his Honda-powered team.
Weigl Group has decided to speak out openly at this decisive time for Super Aguri F1 Team, said Weigl Group CEO Franz-Josef Weigl, who attended last weekends Spanish Grand Prix. We would like to express sincere support for the teams participation in the Formula One World Championship and the Groups, together with its sponsors and Partners, earnest intention to provide ongoing investment to secure the teams future.
The deal is now thought to require the backing of the Honda Board if it is to gain approval prior to next weekends Turkish Grand Prix in Istanbul.