This sounds a bit familiar: A new group has launched a rescue bid for the Super Aguri team, who were only able to contest last weekend’s Spanish Grand Prix thanks to an 11th-hour rescue package from Honda.
The Weigl Group, a German company which describes itself as “an independent, growth-orientated partner for the automobile industry on the global market”, has stepped in to provide the £6.5m the team needs to complete the 2008 season according to Autosport.
This would be a relief not just to boss Aguri Suzuki, drivers Takuma Sato and Anthony Davidson, and the workers at its Leafield headquarters, but also to Bernie Ecclestone, who is required to provide a minimum of 20 cars at each race, and would have been left with just 20 had Aguri gone under.
Hopefully for the mean time that threat has been alleviated, however the last attempt at a deal to save Super Aguri by Magma Group collapsed after the Bahrain Grand Prix.
However there have been suggestions that Weigl do not have enough money to run an F1 team.