Honda Withdraws from Formula 1 racing
As the auto industry faces ever-increasing obstacles both in the United States and abroad, the repercussions are now beginning to affect various manufacturers’ motorsport programs. On the heels of Audi’s withdrawal from the 2009 American Le Mans Series comes news of Honda pulling out of Formula 1 for next year and putting its team up for sale in the process.
Alluding to the deteriorating global auto industry—and more specifically the problems facing the United States market—Honda’s President and CEO Takeo Fukui stated in a press release that in order for Honda to best protect its core interests, it must counter the negative influences. Having not seen a grand prix victory since 2006—and following B-team Super Aguri’s withdrawal from F1 earlier this year under similar circumstances—Honda’s decision to pull out of the 2009 season comes as little surprise.
Considering the team’s consistent finishes in the rear of the pack for 2008—beating out only Force India and Super Aguri in constructor-championship points—Honda Racing’s dropout should have little effect on the 2009 season.
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