Honda Racing have expressed its disappointment over Super Aguri's withdrawal from Forumla One.
Engine supplier saddened by Japanese team's exit
Honda Racing have expressed its disappointment over Super Aguri's withdrawal from Forumla One.
Super Aguri were forced to "cease their racing activities" on Tuesday after a last-minute takeover bid from the Weigl Group collapsed.
Honda, who supported Super Aguri since its establishment in 2005, admit the Japanese team's withdrawal was "inevitable".
A statement from Honda read: "At the beginning of the 2008 season, when the team started negotiations with the strong candidate Magma Group, Honda has actively co-operated by proposing many forms of support. Just when we thought the three groups have reached an agreement, we were told that Magma and their financial backers had decided not to pursue the deal.
"Honda has continued to support the team as much as possible but Aguri Suzuki has come to Honda and expressed his decision to withdraw from Formula One as he is not capable of establishing a foundation for independent operation of the team.
"The Super Aguri F1 Team's withdrawal is indeed very disappointing for us but we understand that it was inevitable unless the team could find a way to stand alone by itself in the future.
"We would like to express our thankfulness to the Super Aguri F1 Team and all the fans who have supported them for sharing the dreams and fighting together with Honda."
