“We, Honda Motor Co., Ltd., have come to the conclusion that we will withdraw from all Formula One activities, making 2008 the last season of participation.”
And with those words, Takeo Fukui, the chief executive of Honda Motors, confirmed the rumours and brought down the curtain on Honda as a Formula One constructor. However, the UK-based team may live on, if a buyer can be found. Fukui confirming the F1 team was up for grabs, “We will enter into consultation with the associates of Honda Racing F1 Team and its engine supplier Honda Racing Development regarding the future of the two companies. This will include offering the team for sale.”
Nick Fry, Honda Racing F1 team boss has high hopes a buyer can be found, “In the last 12 hours we’ve had three serious people come and suggest they’d like to buy the team,” he told the BBC.
“We’re one of the best-funded teams and have the best assets and resources in the pit lane – we’ll be quite a desirable asset for somebody.”
Honda Racing F1Team Principal, and general F1 mastermind, Ross Brawn is certainly talking up the Honda product, “Our information is that, relative to the other teams, we have a very strong car in development here at Brackley and we will continue to develop the RA109 to ensure a strong start to 2009 and improvement through the season. This is a unique opportunity. The facilities we have here are among the best in the sport…”
The full statement from Honda Motor Co and official responses from Honda Racing F1 team members can be read after the jump.
