News Details

Carey: 'Honda exit is a financial call'

Honda's departure as an engine supplier had two primary reasons, explains Formula 1 CEO Chase Carey at Motorsport.com. The most important of these was financial. “The auto industry in general is having some challenges, and I think Honda clearly is living and struggling with those challenges. So I think that was the core issue”, Carey argues. “I think Honda felt those pressures existed today, and they had to make some decisions.” Read more Ferrari join Honda: 'Brand new engine for 2021' As a second reason, Carey mentions the company's desire to take steps to focus on CO2 neutrality and acting in a more climate-friendly way. This is also what Honda has emphasized as...
Full Story »
4y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Carey: 'Honda exit a financial call'

Honda's departure as an engine supplier had two primary reasons, explains...
4y ago from GPBlog.com

Horner: Gasly 'very aware' of reasons for Red Bull...

Red Bull team boss Christian Horner says Pierre Gasly was made "very...
4y ago from F1i.com

Carey: 'Only complete the full calendar, publish in...

Today, Formula 1 announced that a race will be held in Saudi Arabia from...
4y ago from GPBlog.com

Carey: "We will publish the provisional calendar...

On Thursday, Formula 1 announced that a race will be held in Saudi Arabia...
4y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

MotoGP to return to Buenos Aires from 2027 season

MotoGP has officially announced that the Grand Prix of Argentina will...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...

Popular On TotalWRC.com

Popular On GunnersToday.com

Man Utd's odds of completing £60.6m signing just...

Manchester United have an opportunity to sign Benjamin Sesko in this...
2h ago from CaughtOffside.com

Arsenal seal 73.5m Viktor Gyökeres deal after...

t;li>Deal for Sporting striker includes 10m in add-onsGyökeres is...
1h ago from TheGuardian.com

Arsenal & Tottenham could tempt midfielder into...

There's been a new update on the future of Bayern Munich defensive...
1h ago from CaughtOffside.com

Chelsea 'advancing' on beating Arsenal to 60m...

Chelsea are reportedly advancing on personal terms with RB Leipzig...
2h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.