Super Aguri's brief stint in Formula One ended Tuesday when the Japanese team withdrew from the F1 World Championship due to financial difficulties.

"I have participated in the championship for two years and four months," team president Aguri Suzuki told a news conference. "I regretfully must inform you that the team will be ceasing its racing activities as of today,"

Super Aguri, which has struggled since its debut in 2006, held talks with its backer Honda on Friday in Tokyo to discuss the team's future, but was unable to find a solution to its problems.