Formula One news

Honda pleased to sell team to Brawn

On Friday morning Honda officially announced that the Brackley-based team will continue, under the name of 'Brawn GP'. After many months of negotiating, the Japanese manufacturer sold its team to team principal Ross Brawn thus securing the future of its F1 team. Honda admits it has conducted various studies and discussions to prolong the team's future and is pleased to have reached an agreement with Brawn.

Speaking about the agreement with the former Ferrari technical director, Honda's Managing officer Hiroshi Oshima said: "Since announcing our withdrawal from Formula One racing on December 5 of last year, we have conducted various studies and discussions so that the team can continue its activities.

We are very pleased that we could sell the team to Ross Brawn, with whom we have been partaking in the challenges of F1 competition, and are grateful for his decision. We offer our sincerest wishes."

more news

• 25 Nov.
  • 'Fantastic opportunity' - Di Resta on Force India test
  • 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
  • Equity sale for 'private motives' - Williams
  • USF1 considering 12 drivers
  • Photos: SKUSA karting event, Las Vegas
  • Buemi and Schumacher to kart in Las Vegas

Homepage