Apr.21 (GMM) A German racing executive and banker has ruled himself out of the running to rescue the ailing Super Aguri team.

With the Magma deal off, rumours had circulated that a German concern was willing to step into the breach to buy the Japanese team and save it from imminent collapse.

But Dr Thomas Bscher, also a former driver and motor sport executive, has told the Swiss publication Motorsport Aktuell that he is in fact not going to save Super Aguri.

He had been spotted as a guest of the Honda-powered team at Bahrain, but Bscher insists: "I have nothing to do with the business of formula one."

Explaining further, he adds: "I would never engage with a team that races only at the back because I doubt very much that you could make any money that way."

Bscher also said the fact that he was hosted by Super Aguri in Bahrain and not another team is "pure coincidence".