So this means top six formula 1 team's that gone bust in the modern era. With the only rules any Formula 1 team's that gone bust in the last twenty-five years, any Formula 1 team that gone bust must score points in its F1 career.
Starting with Number 6:
Number 6: Super Aguri F1
Story: Started as a F1 team back in 2006 founded by Aguri Suzuki. Super Aguri came into F1 with two 2002 Arrows chassis's with Honda V8's underneath. Come 2007, Super Aguri used year old Honda chassis's with the teams best result at the 2007 Canadian Grand Prix when Takuma Sato took a sixth place finish.
With the team building their own F1 car going into the 2009 season things started to go wrong at the end of the 2007 season when the team main sponsor Hong Kong gas company SS United defaulted on their payment to the team, which caused cash-flow problems for Super Aguri and forced them to seeking alternative sponsors. Just before the 2008 Turkish Grand Prix in May, the Super Aguri F1 Team withdrew from F1, citing SS United's breach of contract as a major cause for the team's demise going bust. Overall, Super Aguri F1 Team completed in 39 Grand Prixs'; scoring only four points in the team's two and a bit season stay in F1.
Number 5: Larrousse
Story: Started as a F1 team back in 1987 founded by Didier Calmels and former racer Gérard Larrousse, Larrousse came into F1 with Lola developing their race cars till 1991 with the teams best result at the 1990 Japanese Grand Prix when Aguri Suzuki took a third place finish at his home Grand Prix. With Venturi making their race cars for 1992. Then in 1993, Larrousse develop their own race cars.
Things started to go wrong at the end of the 1994 season when the team was in heavily in debt which include not paying Lola, any of their mechanics or even engine suppliers. Just before the 1995 F1 season the team went bust. Overall, Larrousse F1 Team completed in 127 Grand Prixs'; scoring only twenty-three points in the team's eight season stay in F1.
Number 4: Prost Grand Prix
Story: Alan Prost completed the purchase of the Ligier team in early 1997, and immediately changed the name to Prost. An exclusive contract for Peugeot engines was announced for 1998, in Prost's first season with Mugen-Honda V10 engines, Olivier Panis took an impressive second place finish at the Spanish Grand Prix.
Things started to go down hill, despite an impressive second place finish at the 1999 European Grand Prix for Jarno Trulli, the Prost and Peugeot relation was horrible to say at the least, by the 2000 F1 season the team didn't even scored a single point which concluded with Peugeot pulling out of F1 at the end of the 2000 F1 season and the exile of multiple long-term sponsors as-well. Just before the 2002 F1 season the team went into liquidation with mountaineering debts over £25 million. Overall, Prost Grand Prix completed in 83 Grand Prixs'; scoring only thirty-five points in the team's five season stay in F1.
Number 3: Arrows
Story: Started as a F1 team back in 1978 founded by Franco Ambrosio, Alan Rees, Jackie Oliver, Dave Wass and Tony Southgate. The team first season things couldn't have started well a second place finish for Riccardo Patrese at the Swedish Grand Prix and scoring 11 points through 1978. With few more podiums from Paterese at Arrows until he left for Brabham in 1982.
There was a few quite years at Arrows. Until March 1996, when Tom Walkinshaw bought the team from Jackie Oliver, then Walkinshaw signed up 1996 F1 World Champion Damon Hill for the 1997 season alongside Brazilian pay driver Pedro Diniz and Yamaha V10 engines. The team nearly won their maiden victory at the 1997 Hungarian Grand Prix where Hill passed Michael Schumacher to take the lead until a component failure in the last lap of the race saw him finish in second.
Come 2002 F1 season, things started to go wrong, the team went into heavily in debt when Walkinshaw made a deal to use very expensive Cosworth V10 engines; while former drivers Jos Verstappen and Pedro Diniz sued the team for breach of contracts, and not paying current driver Heinz-Harald Frentzen his wages the team was in oblivion. Despite, Craig Pollock and Red Bull owner Dietrich Mateschitz trying to buy the team, the team went into liquidation by August's Belgian Grand Prix with mountaineering debts over £40 million. Overall, Arrows F1 Team completed in 394 Grand Prixs'; scoring one hundred and sixty-four points in the team's twenty-five season stay in F1.
Number 2: Brabham
Story: Started as a F1 team back in 1962 founded by Jack Brabham and Ron Tauranac. Throughout the sixties, the team won two Drivers' Championships with founder Jack Brabham in 1966 and with Denny Hulme in 1967, and two Constructors' Titles in 1966 and 1967. By the end of the 1971 F1 season, the team was sold to Bernie Ecclestone adding two Drivers Championships with Nelson Piquet in 1981 and 1983 and bringing in manufacture support with Alfa Romeo in the mid 1970's and BMW in the early 1980's.
By the end of the 1985 F1 season, things started to go down hill, Nelson Piquet left the team at the of the 1985 F1 season, BMW left the team at the end of the 1987 F1 season. By the end of the 1988 F1 season Bernie Ecclestone sold the team. Come 1992 F1 season, the team went into administration after August's Hungarian Grand Prix with debts of £6 million, a few weeks later the team gone bankrupt finishing off the Brabham name in Formula 1. Overall, Brabham F1 Team completed in 403 Grand Prixs; scoring eight hundred and thirty-two points, thirty-five Grand Prix wins', four Drivers' titles and two Constructors' titles in the team's thirty-one season stay in F1.
Number 1: Team Lotus
Story: Started as a F1 team back in 1958 founded by Colin Chapman. Throughout the sixties, the team won three Drivers' Championships with Jim Clark in 1963 and 1965, and Graham Hill in 1968, and three Constructors Titles in 1963, 1965 and 1968. Continued into the seventies with the winning three more Drivers' Championships with Jochen Rindt in 1970, Emerson Fittipaldi in 1972 and Mario Andretti in 1978, and four Constructors Titles in 1970, 1972, 1973 and 1978.
By the end of 1982 things went down hill with the death of Team Lotus founder Colin Chapman, after Chapman's death the team had limit success with only six Grand Prix wins (five of them from Ayrton Senna).
By the end of the 1990 F1 season, the Chapman family sold the team too former Team Lotus employees. Come 1994 F1 season, the team went into administration after September's Italian Grand Prix with debts of £12 million. Just before the 1995 F1 season the team gone bankrupt finishing off the Team Lotus name in Formula 1. Overall, Team Lotus completed in 491 Grand Prixs'; scoring thirteen hundred and sixty-eight points, seventy-four Grand Prix wins', six Drivers' titles and seven Constructors' titles in the team's thirty-seven season stay in F1.
Meaning Team Lotus is the most successful Formula 1 team that have gone bust in the modern era of Formula 1.
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