Honda to announce Formula 1 departure ?

Where will they be next year ?

Where will they be next year ?

They started the year running and supporting 2 Formula One teams – Honda and Super Aguri. not being able to find a buyer they pulled the plug on Super Aguri after 4 races. Now one of the biggest spenders in Formula One are about to pull the plug on the entire Formula One operation. The official announcement is expected early today, according to Reuters at 1:30pm Japan time. The news about Honda pull out are all over the place, but nothing at the moment on Honda websites.

The reports are that Honda aims to find a buyer for the team by March, if not they will simply shut it down. It is not clear if the pull out will be complete or if Honda will continue to supply engines. We may need to wait for the official annoucement.

I must say I found the one day old news about Honda cancelling the expensive media lunch a bit weird but I haven’t expected that to be a prelude to something this much bigger. Now I am going to digest this news and wait for some official word from Honda. But it looks like instead of asking where are some new Formula 1 teams going to come from we may start wondering how many teams are actually going to stay …

4 Comments Post a Comment
  1. DavidNo Gravatar says:

    This stinks I liked the races in the ’90′s when there were 24 or 26 cars.

    • F1WolfNo Gravatar says:

      yes, this stinks, but this is what happens after the everexpanding spending bubble burts … well, but at least, this team has all the infrastructure and builds their own cars (unlike Super Aguri or Toro Rosso) so if Honda plans to pull the plug, they may as weel let it go free to some one willing to fund it

      Bernie will have some job on his hands, he will sure not want to have only 18 cars on the grid …

  2. [...] about something serious going on at Honda surfaced. By late last night it was open secret that Honda is planning a pull out from Formula One. Now it is official, Honda is yet again leaving the [...]

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