Weigl Group in last-minute Super Aguri bid
German automotive company Weigl Group is poised to make a last-minute bid to try and save Super Aguri from collapse, autosport.com has learned, as the team face a critical few days to try and secure their future
With Super Aguri's deal with the Magma Group and Dubai International Capital (DIC) having collapsed recently, and little chance of them putting together a fresh offer, Aguri have been working hard on finding alternative investors.
Sources have told autosport.com that Weigl chief Franz Josef Weigl was at last weekend's Spanish Grand Prix for talks with Super Aguri.
It is believed that he has been offered a deal to get involved in the outfit as long as he is willing to bankroll the team for the rest of the season, a figure believed to be around £6.5 million.
Such a deal would provide the outfit with enough breathing space to try and sort out a more secure longer-term plan over the remainder of the season.
Super Aguri owner Aguri Suzuki has flown to Japan for discussions with senior Honda management tomorrow, and it is understood that he will propose Honda accept the Weigl offer so his team can continue.
Suzuki told autosport.com at the Spanish Grand Prix that the meeting with Honda would be vital to keeping his team in F1.
"It's very important in the next week," Suzuki said. "I have a meeting with Honda next Wednesday and it's a key point to the future of our team.
"Now, we don't have any development of the car and this is very serious. Anyway, we try to find some solutions to help us continue."
Be part of the Autosport community
Join the conversationShare Or Save This Story
Subscribe and access Autosport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
Top Comments