Suzuki confirms team sale talks with Agag

Thu, 30 August 2007, 08:11

Aguri Suzuki has confirmed talks with a Spanish businessman about selling a stake in his struggling Super Aguri team.

It was reported earlier this month that millionaire Alejandro Agag, who with Adrian Campos already co-owns a GP2 team, began discussions with Suzuki when the Japanese’s Honda-powered outfit ran into money trouble due to defaulting main sponsor SS United.

Team boss and owner Aguri Suzuki said: “That is correct.

“Agag is one of the prospective buyers. But I do not want to sell the team; on the contrary, I am looking for strong partners that can help us to move further forwards,” he told Sport Bild.

The German weekly also reveals that 37-year-old Agag, who like Campos is a close personal friend of Fernando Alonso’s, is also a European Union parliamentarian and shareholder of Spanish F1 broadcaster Tele 5.

Suzuki is thought desperate to sell a share of the team not only to secure its survival but to convince Honda to remain a strong supporter of his small outfit.

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