SS United Group Oil & Gas Company

SS United Group Oil & Gas Company Limited (SUG) claimed to be an oil trading company supplying petroleum products and "advanced energy technology" in China, Russia, Japan, Thailand and Malaysia. The company described itself as a Hong Kong-based joint venture between SS United Oil & Gas Company Ltd. and Saha Regal Best Company Ltd., a Thai investment company involved in infrastructure projects in Thailand and Indochina.

Formula One sponsor

Directly before the 2007 Australian Grand Prix it was announced that the company was title sponsor of the Super Aguri Formula One team. The company name "SS United" appeared on the rear wing of the cars. [ cite web | title = SUPER AGURI F1 TEAM WELCOMES SS UNITED GROUP AS SPONSOR | publisher = Super Aguri F1 official website | date = 2007-03-16 | url = http://www.saf1.co.jp/en/topics/2007/nws_070316_1.html | accessdate =2007-08-16]

SS United defaulted on sponsorship payments [ cite web | title = Campos confirms Super Aguri talks | publisher = GPUpdate.net | date = 2007-08-16 | url = http://f1.gpupdate.net/en/news/2007/08/16/campos-confirms-super-aguri-talks/ | accessdate =2007-08-16] which caused cashflow problems for Super Aguri and forced them to seek alternative sponsors. [ cite web | title = Super Aguri searching for investors | publisher = GPUpdate.net | date = 2007-08-14 | url = http://f1.gpupdate.net/en/news/2007/08/14/super-aguri-searching-for-investors/ | accessdate =2007-08-16] In the same month the SS United website was closed. [ [http://web.archive.org/web/20070427045403/http://www.ssunited-group.com/ SS United official website] on 2007 April from [http://www.archive.org/ Internet Archive] . [http://www.ssunited-group.com/ SS United official website] now]

On 6th May 2008, the Super Aguri F1 Team withdrew from the Formula One Championship, citing SS United's breach of contract as a major cause for the team's demise.

References

External links

* [http://www.ssunited-group.com/ SS United Group Oil & Gas Company official website]