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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.

Honda F1 team set to fold

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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Courts Motorsport Honda quits F1 Place: Tokyo Place: United States Place: Brackley, Northamptonshire Person: Takeo Fukui Person: Fukui Event: One Event: Formula One Organisation: Honda F1 Organisation: Honda Organisation: Honda Motorsport Corporation Organisation: Honda Motors Organisation: Honda Motor Co Ltd Organisation: Honda Motor Corporation Organisation: Formula One

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