Super Aguri denies F1 return rumors
Super Aguri's former co-owner Fumio Akita has denied reports of a possible return to Formula 1 following the introduction of a budget cap.
Following the FIA's announcement that a £40 million ($60m) budget cap will be introduced in the 2010 season, reports in the Japanese media speculated about a possible return by Super Aguri. Akita said on Monday, however, there was no way the team could return to the sport, even with the budget cap.
"There's absolutely no chance," Akita told Reuters. "Even without the world financial crisis and its effect on Japan's economy we couldn't afford it."
"We already pulled out once because we did not have the resources to continue. Even if we had $60 million to spend we would have to start from scratch again.
"We don't know where these newspaper reports came from but Aguri has also said there's no chance (of a return)."
Super Aguri folded a year ago due to financial difficulties.