Formula One news

Honda boss confident of team sale

Honda F1 CEO Nick Fry says he has three potential buyers for his outfit waiting in the wings after the Japanese company announced it was immediately pulling out of F1.

"In the last twelve house we've had three serious people come and suggest they'd like to buy the team," Fry told the BBC. "We're one of the best-funded teams and have the best assets and resources in the pit lane - we'd be quite a desirable asset for someone."

Reports suggest that Honda would be happy to sell the team to someone for no real price, just to get the outfit off its hands.

more news

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  • Donington gains planning permission
• 08 Jan.
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  • De la Rosa still aiming for race seat in F1
  • A dozen parties interested in Honda
  • Mosley not done yet with cost cuttings
• 07 Jan.
  • Ecclestone reveals September deadline for Donington
  • Ferrari willing to supply 'Honda' with engines
  • Brawn says Honda won't test before season
• 06 Jan.
  • Ferrari to use electronic pitstop system in 2009
  • Kubica to start karting team
  • Webber's recovery going well
  • Ferrari to reveal new car next week
  • Stewart hits out at Ecclestone and Mosley
• 05 Jan.
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  • Suspended sentence and fine for Verstappen
  • Berger confirms Buemi for STR
• 04 Jan.
  • Kubica expecting more accidents
• 03 Jan.
  • Encouraging news for Donington
• 02 Jan.
  • Di Resta still hopeful of F1 drive
  • "Title loss would have damaged Hamilton's reputation"
• 01 Jan.
  • Hakkinen supports medals system
• 31 Dec. '08
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  • Hakkinen: Vettel will soon be a Formula 1 champion
  • Hamilton receives MBE award
  • Heidfeld expects more accidents in 2009
• 30 Dec. '08
  • Hamilton to join Madame Tussauds
  • Ecclestone: Button should take a sabbatical
  • Manager: Alonso would love to join Ferrari one day
  • Changes at Toro Rosso
• 29 Dec. '08
  • Hamilton to miss victory parade in Woking
  • Alonso to join Ferrari in 2011?
  • Mexican billionaire denies Honda bid
• 28 Dec. '08
  • Mexican buyer for Honda?
• 27 Dec. '08
  • F1 drivers positive on Algarve circuit
• 26 Dec. '08
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• 25 Dec. '08
  • Season's greetings from GPUpdate.net
• 24 Dec. '08
  • Massa against proposed pay cut
  • Ferrari undecided over Schumacher future
  • Karthikeyan not interested in joining Force India

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