Sep, 15 2017 19:55 JST

Source: Honda

McLaren and Honda to Conclude F1 Partnership


TOKYO, Sep, 15 2017 - (JCN Newswire) - 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.


Contact:
Honda
Media Inquiries
[email protected]
+81-3-5412-1512
Source: Honda
Sectors: Automotive

Copyright ©2018 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


Order Books for Production Version of Honda Urban EV Concept Open from Early 2019
March 07 2018 11:37 JST
 
Honda: Japan H2 Mobility, LLC Established by Eleven Companies to Accelerate Deployment of Hydrogen Stations in Japan
March 05 2018 11:38 JST
 
Honda Sets Monthly Records for Automobile Production Worldwide, Overseas, in North America, USA, Asia and China
February 27 2018 14:11 JST
 
Honda Sets All-Time Calendar Year Production Records for Automobile Production, Worldwide, Overseas, in Asia and China
January 30 2018 14:00 JST
 
Honda Walking Assist Obtains Medical Device Approval in the EU
January 18 2018 15:25 JST
 
2018 Honda Accord Named 2018 North American Car of the Year
January 16 2018 12:35 JST
 
All-New Honda Insight Prototype Redefines Segment while Expanding Honda's Electrified Vehicle Lineup
January 16 2018 12:00 JST
 
Honda Xcelerator Startups Demonstrate Future Mobility Solutions at CES 2018
January 11 2018 14:59 JST
 
Honda Brings Robotic Devices and Energy Management Solutions to CES 2018
January 11 2018 14:44 JST
 
Honda Sets All-Time Records for Automobile Production in Asia and China
December 27 2017 15:06 JST
 
More Press release >>

Latest Press Release


More Latest Release >>