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Honda F1 will be Brackley F1

It is almost official! Honda Racing will not disband but will become a private team called Brackley F1 (name borrowed from the town where the team has its headquarters), being taken over by managers Ross Brawn and Nick Fry and financed with money from several sources, among which include the…

Honda Out of Formula 1

Honda, the second Japanese car maker, announced Friday, in Tokyo to withdraw from Formula 1 because of the global economic crisis. "Honda will withdraw from Formula 1 and 2008 will be his last season," said Honda Motor president, Takeo Fukui, in a press conference. "This difficult decision was taken following…