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Title: Weigl Group in last-minute Super Aguri bid


Stone Cold Spider 3:16 - April 30, 2008 06:50 AM (GMT)
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."

Source: autosport.com

minivtec - April 30, 2008 07:50 PM (GMT)
fingers crossed they can save it ;)

Jedi Master - April 30, 2008 08:47 PM (GMT)
QUOTE (minivtec @ Apr 30 2008, 07:50 PM)
fingers crossed they can save it ;)

+1 :thumbs_up:

Stone Cold Spider 3:16 - April 30, 2008 11:35 PM (GMT)
i hope they can b saved as well.....

tho im waiting for "News of the World" to find a link between this German Weigle Group and Max Mosley so they can run the headline

"SUPER AGURI TO B FUNDED BY HIDDEN NAZI GOLD"

minivtec - May 1, 2008 06:18 AM (GMT)
:joker: :joker:

larwoo - May 1, 2008 08:16 AM (GMT)
a friend of mine is a tyre specialist for aguri and he was telling me hte other day that they didn't even have any parts to replace/fix the car after testing the other week as Honda had stopped their account.

three days later they allowed parts to be shipped over from japan but everything was stamped with the words property honda racing so that if they did go under then the liquidators counldn't take the honda parts away!!!

he seems to think that the F1 board will kick them out before they have to worry about finding funding anyway!!

if you miss a race then aparently there can be a fine of up a million dollors.

that would definatly be the final nail in hte coffin!!

Stone Cold Spider 3:16 - May 1, 2008 10:03 AM (GMT)
they can... they did that to Arrows few years ago when they missed a GP cause Cosworth/Ford couldnt start their engines.... but Arrows folded before they could pay that FIA fine....




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