Honda rules out more Super Aguri relief E-mail
Apr.29 (GMM)  Despite financing Super Aguri's Spanish action, the Japanese manufacturer Honda has ruled out rescuing the beleaguered F1 team ahead of the Turkish grand prix.

The Japanese language daily Sankei Shimbun quotes a Honda official as saying: "We will not provide relief on a race-by-race basis any longer."

Honda's Barcelona bail-out for Super Aguri reportedly cost the carmaker about 2 million euros, but the Leafield based team now faces either finding an investor before Istanbul in two weeks or admitting that Spain was its last ever race.

While on the face of it Aguri Suzuki's team seems like a bargain, the outfit has little in the way of assets -- its Leafield factory is leased and not equipped to design and build a modern F1 car, while even the team's transporters are believed to actually belong to another company.

Super Aguri is also believed to officially owe much of Honda's financial assistance to the Tokyo giant, meaning that any buyer would need to take on that debt -- apparently as much as $60m.

Suzuki is due to meet with Honda chiefs in Tokyo on Wednesday in what Shimbun is describing as a "final" encounter.

Honda F1 chief executive Nick Fry confirmed: "It was never Honda's intention to fully fund two F1 teams.  Aguri need to find funding of their own."
 

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Bahrain GP - Sakhir
Friday practice 1 07.00
Friday practice 2 11.00
Saturday practice08.00
Qualifying11.00
Race12.00
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2010 Calendar

RaceGrand Prix Date
1Bahrain GP 14 March
2Australian GP 28 March
3Malaysian GP 4 April
4Chinese GP 18 April
5Spanish GP 9 May
6Monaco GP 16 May
7Turkish GP 30 May
8Canadian GP 13 June
9European GP 27 June
10British GP11 July
11German GP 25 July
12Hungarian GP 1 August
13Belgian GP 29 August
14Italian GP 12 September
15Singapore GP 26 September
16Japanese GP 3 October
17Korean GP 17 October
18Abu Dhabi GP 31 October
19Brazilian GP 14 November
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