McLaren and Honda to Conclude F1 Partnership
September 15 2017 - 6:55AM
JCN Newswire (English)
Honda and McLaren announced that a decision has been reached to
discontinue their partnership for the FIA(1) Formula One World
Championship (F1) at the end of the 2017 season. The partnership
has been ongoing since the team returned to F1 racing in 2015 and
will continue to compete in the remaining races through the end of
the 2017 season.
Takahiro Hachigo, President & Representative Director of Honda
Motor Co., Ltd.
"It is unfortunate that we must part ways with McLaren before
fulfilling our ambitions, however, we made the decision with a
belief that this is the best course of action for each other's
future. On behalf of Honda, I would like to express my sincere
gratitude to fans who have been very supportive of the team as well
as the drivers, team members and everyone involved who shared with
us in the joys and disappointments since we began preparing for our
return to F1 in 2015. Honda will continue the fight together with
McLaren all the way to the end of the 2017 season, and then
continue its F1 racing activities in 2018 and beyond."
Shaikh Mohammed bin Essa Al Khalifa, Executive Chairman and
Executive Committee principal, McLaren Group
"Honda is a great company which, like McLaren, is in Formula 1 to
win. Although our partnership has not produced the desired success,
that does not diminish the great history our two companies have
enjoyed together, nor our continued efforts to achieve success in
Formula 1. At this point in time, it is in the best interests of
both companies that we pursue our racing ambitions separately."
Zak Brown, Executive Director, McLaren Technology Group
"There has never been any doubt over Honda's commitment and energy
to the mission of success in Formula 1. They are proven winners and
innovators. For a combination of reasons our partnership has not
flourished as any of us would have wished. It is certainly not for
the want of effort on the part of either Honda or McLaren but the
time has come to move ahead in different directions. As fellow
racers, we hope to see the great name of Honda get back to the top
- our sport is better for their involvement. I know this view is
shared by everyone in the sport."
(1) Federation Internationale de l'Automobile
About Honda
Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA) is one of the
leading manufacturers of automobiles and power products and the
largest manufacture of motorcycles in the world. Honda has always
sought to provide genuine satisfaction to people worldwide. The
result is more than 120 manufacturing facilities in 30 countries
worldwide, producing a wide range of products, including
motorcycles, ATVs, generators, marine engines, lawn and garden
equipment and automobiles that bring the company into contact with
over 19 million customers annually. For more information, please
visit http://world.honda.com.
Source: Honda
Contact:
Honda
Media Inquiries
corporate_pr@hm.honda.co.jp
+81-3-5412-1512
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