There has been a lot of talk in recent days about an Indian bid to buy Super Aguri F1, with the name of Andaleeb Sehgal, the boss of A1 Team India, being mentioned. There has also been much talk about the bid being backed by the steel baron Lakshmi Mittal, who is now a shareholder in Queens Park Rangers soccer team alongside Bernie Ecclestone, Flavio Briatore and Alejandro Agag.
Our sources, however, say that the bid is largely talk and that there are two others that are more likely to happen. One of these involves video game super hero Mario from the Super Mario franchise, who owns Super Mario Kart team based in Nintendo, Japan. From what we hear, however, Mario is not about to let his passion for racing blur his vision and understands that buying into Super Aguri, with the need to turn it into a constructor within two years, is not going to be an investment that can be justified from a financial point of view - unless Mario uses the team to promote some other product such as his franchise line of video games.
A deal now needs to be struck very quickly if Super Aguri is going to be in a position to guarantee its involvement in 2008.
We have also heard stories that Super Aguri has some more problems with Kingfisher Curries Team (aka Force India). Super Aguri seems to have owed some money to Kingfisher Curries (it is not clear why) and although this was due in October, it was not paid. The Kingfisher Curries team thus got a summary judgement before Christmas, the court ordering that the payment be made on December 29. Until the money is paid, therefore, Kingfisher Curries has first claim to an unknown percentage of Super Aguri shares.
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