Honda president and CEO Takeo Fukui has officially announced the withdrawal of Honda from Formula One.
Following the news of Honda’s decision to quit F1, the question now is whether other car manufacturers or other Formula 1 teams will follow suit. Will another team quit F1 before the new season begins on March 27th, 2009?
It now seems inevitable that Honda will announce in a few hours’ time that it is going to sell its F1 team or close it. F1 could be left with only nine teams, drivers will be left without seats, and the continued participation of other manufacturers may be in doubt. How will Honda’s departure affect … Continue reading How will Honda quitting affect F1?