The future of the former Honda Formula One team has been secured after the Japanese manufacturer agreed to pass ownership of the operation to Ross Brawn, who becomes team principal of the new Brawn GP outfit.

Honda will pull out of Formula One unless a buyer can be found by the end of the month, it said today.

AGURI Suzuki aimed a parting shot at Honda F1 boss Nick Fry after confirming his cash-strapped team were pulling out of Formula One.

The Honda Formula One team have split with tradition in a bid to help raise awareness of the environmental issues facing the planet.