Honda has no plans to bail out cash-strapped Japanese Formula One team Super Aguri.
The Japanese carmaker currently provides the team with engines and technical support.
"We intend to continue the present structure of our support for Super Aguri," a spokesman for Honda told AFP.
He added there had been no request from Super Aguri for a financial rescue package despite press reports it was calling for assistance from Honda.
Founded in late 2005 by former Japanese F1 driver Aguri Suzuki, Super Aguri is now a major doubt to make the grid for the next grand prix in Spain on April 27.
Magma Group
It was announced last month that the Magma Group, a British motor industry consultant firm, was in talks to acquire the team.
But Super Aguri revealed on Wednesday that they had been informed by Magma that "its investors no longer wish to fund the intended acquisition."
"It is with deep regret that Aguri Suzuki is now forced to consider the future of the team, however negotiations with other parties continue," the team said in a statement.
The team is yet to score any points after three races. Their drivers, Briton Anthony Davidson and Japan's Takuma Sato, both failed to finish in the opening race in Australia. Their best result is Davidson's 15th place in Malaysia.
Last year, Super Aguri won just four points in the constructors' championship, finishing secon-from-bottom in the table.
In 2007, Hong Kong-based oil and gas trading firm SS United Group became Super Aguri's title sponsor but defaulted on sponsorship payments.
Recurring financial problems meant the team hardly participated in winter testing.
Source: Skysports.co.uk
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