05-12-08, 03:33 PM
(Questo messaggio è stato modificato l'ultima volta il: 05-12-08, 03:36 PM da funnycar.)
Honda withdraw from F1
Honda is pulling out of Formula One, blaming the world economic crisis for plans to sell its team, according to UK press reports.
Sources told BBC Sport that the team were "optimistic" they would continue, but an investor had not yet been found. A deadline of
January has been set to find a buyer, but workers at Honda's Brackley base have been told to expect redundancy letters before Christmas.
Honda, which spent more than ?300 million a year on F1 added that it would also no longer supply the sport with engines, but that ext year's Japanese Grand Prix at its Suzuka circuit would go ahead as planned.
In a statement to the press, Honda president Takeo Fukui, said: "Honda Motor Co. has come to the conclusion that we will withdraw from all Formula One activities, making 2008 the last season for participation. This difficult decision has been made in light of the quickly deteriorating operating environment facing the global auto industry... and the sudden contraction of the world economies.
"Honda must protect its core business activities and secure the long term as widespread uncertainties in the economics around the globe continue to mount."
According to the Reuters news agency, team bosses Ross Brawn and Nick Fry told a meeting of the Formula One Teams' Association: "They have a month to find a buyer, otherwise they are closing the team."
If no buyer is found, Honda's decision will leave F1 with just 18 cars on the grid next season. The 2009 Formula One season begins on 29 March, in Australia.
Fonte: SpotBusinessInternational
Honda is pulling out of Formula One, blaming the world economic crisis for plans to sell its team, according to UK press reports.
Sources told BBC Sport that the team were "optimistic" they would continue, but an investor had not yet been found. A deadline of
January has been set to find a buyer, but workers at Honda's Brackley base have been told to expect redundancy letters before Christmas.
Honda, which spent more than ?300 million a year on F1 added that it would also no longer supply the sport with engines, but that ext year's Japanese Grand Prix at its Suzuka circuit would go ahead as planned.
In a statement to the press, Honda president Takeo Fukui, said: "Honda Motor Co. has come to the conclusion that we will withdraw from all Formula One activities, making 2008 the last season for participation. This difficult decision has been made in light of the quickly deteriorating operating environment facing the global auto industry... and the sudden contraction of the world economies.
"Honda must protect its core business activities and secure the long term as widespread uncertainties in the economics around the globe continue to mount."
According to the Reuters news agency, team bosses Ross Brawn and Nick Fry told a meeting of the Formula One Teams' Association: "They have a month to find a buyer, otherwise they are closing the team."
If no buyer is found, Honda's decision will leave F1 with just 18 cars on the grid next season. The 2009 Formula One season begins on 29 March, in Australia.
Fonte: SpotBusinessInternational
"La mente umana ? come il paracadute: funziona solo se ? aperta" (Louis Pauwels e Jaques Bergier)
Stay hungry, stay foolish