Team Aguri has confirmed it has 'entered a period of consultation' about its future ownership as it nears a takeover from an investment firm.

The team, founded by eponymous owner Aguri Suzuki, was originally formed back in 2006 under the 'Super Aguri' name to compete in F1 until 2008.

The Aguri moniker made an international return to motorsport competition in 2014 as one of the entries for the inaugural FIA Formula E Championship, where it proceeded to clinch a victory with Antonio Felix da Costa in Argentina.

However, the Japanese team is set to undergo an overhaul as part of a takeover bid from an investment company, reverting to a UK registered entry, while Suzuki will exit the set up altogether.

"Aguri Suzuki played a fundamental role in the formation of the team and we would like to thank him for his continued support," said a team spokeperson. "We are now entering a new phase for the team and are in advanced discussions with new investors, but will not be able to comment further at this time."

"We will make subsequent announcements in due course."

It is reported that Team Aguri, which picked up distinctive new Gulf-backing from the previous round, will run WTCC race winner Ma Qing Hua from this weekend's Paris ePrix.

Comments

Loading Comments...