Super Aguri withdraw from Formula One
Super Aguri have withdrawn from the Formula One world championship with immediate effect, the team announced on Tuesday.
After weeks of speculation about their future following the collapse of a proposed takeover by the Magma Group, a last-minute rescue package by German automotive company Weigl Group was not good enough to keep them racing.
Analysis: Aguri exit a sign of the times
Super Aguri's departure from the Formula One championship on Tuesday has left the sport with just 10 teams and no sign of any new entrants on the horizon.
Commercial uncertainty, doubts about the sport's future rules and the credit crunch that has gripped the global economy over the past year have only served as a deterrent to potential newcomers.