Tag Archive: "Dubai International Captial"

Super Aguri Deal Collapses

Posted on April 16th, 2008 by Oliver White

Super Aguri owner Aguri Suzuki today announced the collapse of deal that would have seen his team change ownership to the Magma Group. It now turns out Magma’s investors - Middle Eastern company Dubai International Capital - no longer wish to fund the acquisition, thought to be costing around $100m. This now puts the immediate future of Super Aguri in serious doubt and the squad may not be able to participate in the upcoming Spanish Grand Prix. Continue Reading

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