Posts Tagged ‘f1’

Formula One is the pinnacle of motorsport and several of us continue to watch it even though Honda decided to withdraw from the sport at the end of 2008. Our member, MB, from the United Kingdom, got a chance to visit Singapore and watch the Singapore Grand Prix in person. He also took the effort [...]

It was shocking news few months ago, when Honda announced retirement from F1. Many were expecting that Honda might return to F1, however it was confirmed by the new chief executive Takanobu Ito, that Honda won’t participate in the future. Formula One has changed and the interest is reduced due to the new regulations; that  [...]

It is now official and Formula One is broken! Eight F1 teams, Ferrari, McLaren, Toyota, Renault, BMW, GP Brawn, Red Bull and Toro Rosso decided that there was no way to continue with the FIA, therefore they will proceed without FIA. A full statement was released: “The teams cannot continue to compromise on the fundamental [...]

Although Brawn GP is on top at this year F1 Championship, the team is putting on auction several Honda F1 cars from previous seasons. Sponsorship growth is here anyway, but Brawn GP will give the opportunity to get some additional funds by selling few parts of F1 history. This is a great chance for collectors [...]

It seems that Sir Richard Branson’s Virgin Group is close to invest in Formula One after the decision made regarding diffusers with Brawn GT team. The Times in London newspaper says the cars will carry extensive Virgin branding and that the deal is already confirmed. Read the full story

The previous Honda F1 Racing  Team name is no more. The FIA World Council has accepted the request to change the name into Brawn GP as long as this team is considered as a new entry in the FIA F1 World Championship. In the meantime the performance and test results so far at Barcelona promise [...]

Honda has announced the sale of Honda Racing F1 Team to Ross Brawn, the former Team Principal of Honda Racing F1 Team who is now the holder of the entire shares. The team ownership has transferred to Mr. Brawn, and the new team will compete for this year’s FIA Formula One World Championship. Mr. Hiroshi [...]

It looks like that we will definitely see the Honda F1 cars around the circuit finally. Rumours and multiple sources report that Ross Brawn and Nick Fry will run the team, using funds by Honda, potential sponsors and TV coverage. It is not clear if Rubens Barrichello or Bruno Senna will be the co-driver of [...]

Honda announced that management changes will be made this year. Mr. Takanobu Ito will be the new President and CEO and will take the place of  Mr. Takeo Fukui by the end of June 2009. Mr. Ito joined Honda back in 1978, and began his career in the automobile’s R&D department, mainly as an engineer [...]

A new bidder has arrived at the scene of the crime, well actually at Honda and it seems that is very serious to be involved into Formula One. At this stage no word is out and we can only wait and see. Honda now has to decide what to do and get a decision finally, [...]

The Honda Racing F1 Team will be making an announcement that the team will be going ahead with the sign up of Bruno Senna along with Jenson Button. One of the sponsors for the team will be one or two of Senna’s personal sponsors. As Petrobras is withdrawing from F1, rumours want Bernie Ecclestone to [...]

It is now Honda that has to decide what will happen with the Honda F1 Racing Team. The last suggestion, is that the Japanese are in contact with the Department for Business, Enterprise and Regulatory Reform, for financial aid an to keep the team in business. The government so far has announced that they will [...]

Following the denial statement of the Mexican telecommunication millionaire Carlos Slim, Honda Racing F1 is not listed in his interest. However, a possible buyer could be Vijay Mallya, an Indian businessman who has invested and bought the former Spyker team. Although Honda Racing F1 is priced at the moment with 1$ tag, the major costs [...]

Carlos Slim, a Mexican businessman will not buy the Honda Racing F1 Team. There were rumours for the past few days, that a deal was so close to go through. However in a recent statement by the telecommunication millionaire, it was clearly denied that there was no negotiation between them.

Honda has given its Formula 1 team three months to find a new owner – or else the team will shut down. An announcement is expected from Japan in the course of the next few hours. The good news is that the team is already out there looking for backing and hopes to find sponsorship [...]