WEST Oxfordshire-based Super Aguri Formula One team today announced its withdrawal from the 2008 FIA Formula One World Championship.

Participating in Formula One since the 2006 season, the team, which scored its first championship points after 22 races, and finished ninth overall in the 2007 Constructors' Championship, will cease all activities from tomorrow.

Super Aguri is based at Leafield, north of Witney. Team Principal Aguri Suzuki said: "In order to realise my dream to become an owner of a Formula One Team, I applied for a grid position in the FIA Formula One World Championship in November 2005.

"Since then, I have participated in the championship for two years and four months as the Super Aguri F1 Team, but regretfully I must inform you that the team will be ceasing its racing activities as of today."