Super Aguri to be sold through web auction

The assets of the failed Formula One team, Super Aguri, will be sold in an online auction later this month.

Auctioneers SHM Smith Hodgkinson told Eurosport that they had been instructed by administrators PKF to sell the assets between July 29 -31. The items for sale include an SA06 car used in the team's first season and transporters.

PKF said that they were looking to sell the business "as an on-going concern to a company or individual looking to launch a Formula One or other motorsport operation".

The Honda-backed team was founded by Japan’s former grand prix racer Aguri Suzuki at the end of 2005. The team withdrew from the championship for financial reasons in May this year after the collapse of a planned takeover.