news.bbc.co.uk - 12/4/2008
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Honda is pulling out of Formula One, blaming the world economic crisis for plans to sell its team. The decision leaves Englishman Jenson Button and 2009 team-mate Rubens Barrichello without drives, with only a few mid-ranking seats still available. Honda, which spent more than £300m a year on ...
indystar.com - 12/6/2008
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indystar.com —
Honda's decision to withdraw from Formula One will
have no bearing on its participation in the Indy...
Racing League, according to a statement released Friday by the company's U.S. motor sports arm. "It is unfortunate that current global economic ...
(more)
Honda will stay in IRL | IndyStar.com | The ...
autosport.com - 12/4/2008
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autosport.com —
Honda set to announce F1 exit plans Formula
One is bracing itself for an announcement by the...
Honda Racing team on Friday morning that could pave the way for one of grand prix racing's biggest names to exit the sport. Amid the worldwide financial ...
(more)
F1 News: Honda set to reveal F1 exit plans
grandprix.com - 12/4/2008
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grandprix.com —
Honda Motor announced yesterday that its sales in
the United States in November had fallen by 32%...
in comparison to a year ago. This was around the same drop as Toyota reported on Tuesday.
(more)
Something is going on at Honda...
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Blog Reactions
Honda to quit F1
PitBitch —
... Honda will reportedly announce their withdrawal from F1 tomorrow (Friday). An announcement regarding the team’s future is due at 0500 GMT. No user commented in " Honda to quit F1 " Follow-up ...
Essential Reading for December 4th, 2008
F1 Minute —
... help teams if they need to replace departing manufacturers.
Honda quits Formula One racing - Takeo Fukui, president of Honda Motor Co., said the company would be willing to sell the racing team, which is based at Brackley, but that a new sponsor would need to be found quickly.
"Near-term uncertainty surrounding the global economy continues to increase and we expect a recovery to take some time," he said. "This was a difficult decision."
Honda poised to quit Formula One - Honda will quit Formula One on Friday, BBC ...
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