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Honda F1 team set to fold

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

Fri, 05 Dec, 2008 - 06:41

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

Honda Motorsport Corporation said it was pulling out of Formula One because of the global financial crisis.

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