Formula One news

BMW confirms F1 commitment

After Honda's shock announcement that it would withdraw from F1 immediately, the BMW team has moved to quash any speculation that they could follow suit, by confirming its commitment to F1.

"It is with regret that we learnt of Honda's decision. It has no bearing on BMW's involvement in Formula One," said BMW board member Dr. Klaus Draeger. "Our F1 involvement is an integral part of the company strategy. There is no better platform than Formula One for demonstrating our brand values. BMW, moreover, makes targeted use of the Formula One project as a technology accelerator for series production."

"With the BMW Sauber F1 Team, we have from the start focused on high efficiency and have achieved our successes with a compact and powerful team," he added. "The cost-benefit ratio is commensurately positive. The measures now proposed by FOTA for significant cost cuts starting as early as season 2009 are a further important contribution."

more news

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• 25 Nov.
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  • Recap: N.Technology court bid fails
  • BMW testers excited about Jerez
  • Brawn disappointed with Button drives, ponders Lauda
  • Piquet to drive in Massa kart race
  • Brawn aero chief wins award
  • Gillett disappointed with government position
  • Mercedes hopes to confirm line-up by Christmas
• 24 Nov.
  • Briatore verdict expected in January
  • Donington still hopeful over F1 race
  • Montreal race confirmation imminent
  • Massa names drivers for karting event
  • Campos car passes FIA safety tests
  • Strong test could seal drive, says Mallya
  • Force India to test di Resta and Hildebrand
  • Courts to hear Briatore case
  • Silverstone GP deal forthcoming
• 23 Nov.
  • GPUpdate TV: Sam Michael - building on 2009
  • Theissen waiting on entry decision
  • Mercedes delighted with Rosberg confirmation
  • Confirmed: Rosberg to Mercedes for 2010
  • Manor hoping to run in late January
  • Mercedes poised to announce first driver
  • Kobayashi: I expected to be re-signed
  • Nakajima future in Toyota's hands
  • Klien still hoping for 2010 seat
  • McLaren line-up will work, says Ecclestone
  • López: USF1 deal coming next week
• 22 Nov.
  • Photos: 2009 Toyota Motor Sports Festival
  • Vettel surprised by Button team switch
• 21 Nov.
  • Mercedes: No Schumacher drive with us
  • López close to USF1 deal
  • Options open for Bourdais
• 20 Nov.
  • FIA was using new teams, says Lola
  • Rossi and Newey to contest endurance race
  • Wolff: Worth of privateers on the up

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