- 31 Jan 08, 11:16#30941
News report - Auto blogg
Well that didn't take long. After only two years on the grid, Super Aguri is up for sale. Unlike most of the other "new" teams that took over and rebranded themselves from previous teams, Super Aguri actually put up the bond to join the 2006 Formula One championship as an additional entry. Since then, however, the team has had difficulty putting together the enormous budget required of a modern F1 team, falling into debt to the tune of $47 million, despite getting support from Honda and running old cars.
Now, following the emergence of Force India and the confirmation of an Indian Grand Prix in two years, another Indian business consortium is looking at buying its way into the sport. The Spice Group telecommunications company, which already sponsors Indian former F1 driver Narain Karthikeyan's Team India A1GP car, is reported to be negotiating to acquire Super Aguri. Tata, which is inching closer to its acquisition of Land Rover and Jaguar (which itself once had its own F1 team), is reported to be possibly supporting the bid. The price: $1, plus the coverage of the team's debts. The deal hasn't been finalized, but would involve bringing Karthikeyan back to the grid, and leaving Aguri Suzuki in charge. Spice confirms that it is talking with Aguri and a second team. In related news, Red Bull boss Dietrich Mateschitz has reiterated that Scuderia Toro Rosso is not for sale.
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Is there something wrong with a compnany requiring a driver in their team just because he is the right nationality? Karthikeyan did not exactly cover himself in glory at his last F1 effort did he? Perhaps he's improved since he's been in A1 - I don't know. Race discrimination issues aside, it is, I suppose understandable that an Indian team would want an Indian driver, and, from a marketing point of view, it would be good PR for Spice & Tata to have an Indian driver in an Indian team, howver, only if the team does well (within its limitations). Can Kartikeyan get the best out of what will be a weak car, certainly at first anyway?
I wonder what the second team is that Spice are talking to? If not STR then who? Toyota? Renault? Mind you, the Indians are getting very strong in sport, they have virtually taken over the running of cricket so maybe they are talking to Ferrari!! Now theres are thought!
Well that didn't take long. After only two years on the grid, Super Aguri is up for sale. Unlike most of the other "new" teams that took over and rebranded themselves from previous teams, Super Aguri actually put up the bond to join the 2006 Formula One championship as an additional entry. Since then, however, the team has had difficulty putting together the enormous budget required of a modern F1 team, falling into debt to the tune of $47 million, despite getting support from Honda and running old cars.
Now, following the emergence of Force India and the confirmation of an Indian Grand Prix in two years, another Indian business consortium is looking at buying its way into the sport. The Spice Group telecommunications company, which already sponsors Indian former F1 driver Narain Karthikeyan's Team India A1GP car, is reported to be negotiating to acquire Super Aguri. Tata, which is inching closer to its acquisition of Land Rover and Jaguar (which itself once had its own F1 team), is reported to be possibly supporting the bid. The price: $1, plus the coverage of the team's debts. The deal hasn't been finalized, but would involve bringing Karthikeyan back to the grid, and leaving Aguri Suzuki in charge. Spice confirms that it is talking with Aguri and a second team. In related news, Red Bull boss Dietrich Mateschitz has reiterated that Scuderia Toro Rosso is not for sale.
XXXXXXXXXX
Is there something wrong with a compnany requiring a driver in their team just because he is the right nationality? Karthikeyan did not exactly cover himself in glory at his last F1 effort did he? Perhaps he's improved since he's been in A1 - I don't know. Race discrimination issues aside, it is, I suppose understandable that an Indian team would want an Indian driver, and, from a marketing point of view, it would be good PR for Spice & Tata to have an Indian driver in an Indian team, howver, only if the team does well (within its limitations). Can Kartikeyan get the best out of what will be a weak car, certainly at first anyway?
I wonder what the second team is that Spice are talking to? If not STR then who? Toyota? Renault? Mind you, the Indians are getting very strong in sport, they have virtually taken over the running of cricket so maybe they are talking to Ferrari!! Now theres are thought!

Strive to be fast, strive to be first but, above all, strive to be alive.
Martin
Martin