From 2006 Suzuki ran the Super Aguri F1 Formula One team with the backing of Honda. He put his new team together in four and half months from his initial announcement on 1 November 2005. The team's initial entry was rejected by the FIA after they failed to secure financial guarantees before the entry deadline, and their acceptance was not formally confirmed until 26 January 2006. The team made its debut at the Bahrain Grand Prix on 12 March 2006. On 6 May 2008, after competing in the opening four races of the season, the team withdrew from Formula One due to financial problems.