Super Aguri say they will race in Spain GP

Struggling Super Aguri will race in tomorrow's Spanish Grand Prix despite continuing uncertainty about their F1 survival.

Japan's Takuma Sato and Britain's Anthony Davidson took part in free practice for the fourth race of the season yesterday after earlier fears that the cash-strapped team might not be in a position to compete.

A spokeswoman said nothing had changed since a statement issued on Thursday saying that discussions were continuing with potential investors.

Sources close to the situation said Honda in Japan, who have provided engines and technical support since Super Aguri entered Formula One in 2006, had agreed to help the team through the weekend.

However, Honda F1 team chief executive Nick Fry made clear on Thursday that there could be no long-term guarantees for the team founded by former racer Aguri Suzuki without independent funding being secured.

"We've been working as hard as we possibly can to find a solution for Aguri but at this stage I'm not overly optimistic," he had told Reuters.

"It was never Honda's intention to fully fund two F1 teams but Honda have been incredibly supportive over the last two years of Super Aguri. But they (Aguri) do need to find funding of their own."

The British-based Japanese team said last week a planned deal to take over Super Aguri had fallen through after Magma Group informed them that their investors "no longer wish to fund the intended acquisition".

Well-placed sources said 80 per cent of the funds for Magma's proposed takeover was to have been provided by Dubai International Capital and doubted the hole could be filled by anyone else.