Accountants who have taken over the Super Aguri motor-racing team in west Oxfordshire are hoping to sell it as a going concern.
However, uncertainty surrounds the future of the team's 90 employees at the Leafield Technical Centre, near Witney, which was formed in November 2005 by former Grand Prix driver Aguri Suzuki.
Philip Long, Ian Gould and Brian Hamblin, of administrators PKF Accountants, said they were hoping to sell the business "to a company or individual looking to launch a Formula One or other motorsport operation".
Several expressions of interest have already been received, said Mr Long.
He said: "This administration provides a unique opportunity to get into high-level motorsport without having to build an operation from scratch.
"In terms of capability, a new team could easily be up and running for the 2009 Formula One season.
advertisement
"Virtually everything is in place, including the people, the technical expertise, the laboratories and testing facilities.
"A new team could walk in and take over a fully operational unit from day one. There are a number of other motorsport projects being undertaken which should interest the motor-racing world."
Mr Suzuki blamed a contractual dispute and difficulties in getting fresh financial backing for the decision to stop racing.
The team's cars used parts from rival manufacturer Honda and were built in Leafield, the former home of the Arrows F1 team.
Arrows folded in 2002, owing millions of pounds to creditors and thousands of pounds in unpaid wages.
If you liked this article and would like to share it with others on the web who might be searching for good content we've made it easy for you to do it.
At the bottom of all articles, you'll see links to six sites. These sites - commonly called 'social bookmark' or 'social news' sites - have large communities of web users who share and rate interesting, useful and fun things on the web.
Clicking the links will automatically add the address of the story you are reading to one of these sites, letting you share it with others. Each site will ask you to register to share stories. Registration is free and once a member, you can store, recommend and search for stories that interest you.
Print
Email this
Comment
