SAF1 And WEIGL Group AG In Final Discussions For Shareholding F1 Team

SAF1 And WEIGL Group AG In Final Discussions For Shareholding F1 Team

SAF1 And WEIGL Group AG In Final Discussions For Shareholding F1 Team

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SUPER AGURI F1 TEAM and WEIGL Group AG are in final discussions concerning an agreement for a substantial shareholding of the Formula One team. SUPER AGURI F1 TEAM believes this to be a just and reasonable offer that would secure its racing future.

Aguri Suzuki, Team Principal, SUPER AGURI F1 TEAM

“We are happy that we have been able to resurrect talks between SUPER AGURI F1 TEAM and Franz Weigl at such short notice and to have the opportunity of presenting the WEIGL Group to the Honda Board once again. Such a partnership as the one proposed by WEIGL Group will allow us to race for the foreseeable future and I am hopeful that all parties will find the Group’s offer a realistic package.”

Franz-Josef Weigl, CEO, WEIGL Group AG

“WEIGL Group has decided to speak out openly at this decisive time for SUPER AGURI F1 TEAM. We would like to express sincere support for the team’s participation in the Formula One World Championship and the Group’s, together with its sponsors and Partners, earnest intention to provide ongoing investment to secure the team’s future.”

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