Honda Resign from F1

Trimming Program Budget Team Get New ammunition

Tokyo, Friday - Honda surrender. Giant car manufacturer is not strong again sponsor their participation in the Formula One arena. Secession, in a press conference that dramatic progress in Tokyo, Japan, Friday (5 / 12). Now there are three buyers are ready to become the new owner of F1 team Honda.
In addition to announcing the secession Honda, CEO of Honda Motor Takéo Province Fukui also convey apology to the fans, pebalap, team staff, and managers of F1. "Decisions made in this difficult situation faced by the morose world automotive industry, which triggered the problems of housing credit in the United States," said Fukui.

He emphasized, season 2008 is the last season at the Honda F1 scene. Besides no longer the owner of the team, Honda also no longer supply engines. "Five years from now I think history will show that we have made the right decision," said Fukui.

Honda first F1 race in the arena in 1964. Four years later because they want to retreat to focus on the development of small-sized passenger car. In the 1983-1992 Honda F1 back to carry as engine suppliers. Honda engine behind victory Ayrton Senna and Alain Prost.

Between 1993 and 1998 Honda also become a supplier of engine, in collaboration with Mugen Motorsports. At that time, Honda consider seriously the possibility to re-appear as konstruktor.

In 2000, Honda supplies engines to the BAR team and the Jordan Grand Prix. In 2004 Honda buy 45 percent shares BAR team from British American Tobacco (BAT). Honda a year and then buy the remaining 55 percent share to become sole owner of BAR team.

Starts 2006 teams name changed to Honda F1 team. In the same year they achieve victory by Jenson Button in Hungary. In 2007 Honda anjlok performance. From the original ranks fourth forum konstruktor 2006, Honda close 2007 in eighth position. In 2008, Honda is in the order in the ninth.

Three buyers

Honda F1 Team CEO Nick Fry is optimistic his team can designate the 2009 season. "In the last 12 hours, we have three people who buy a team so serious," said Fry told the BBC Radio 5.

F1 boss manager, Bernie Ecclestone, the team, Honda is a great team. "They intended to penetrate four major 2009. They have spent so much money can achieve that position. Anyone who wants to jump to F1 should see this team to be purchased, "he said.

Honda pullback to make the International Automobile Federation (FIA) had new ammunition in the team to approve the proposed harmonization engine. In the past several years, the FIA have proposed trimming incentive spending teams. The budget team considered too big and almost absurd that it can become a form of bankruptcy boomerang team participants. (AFP / i)