News Details
Carey: Honda exit driven by economic challenges
Honda's decision to leave Formula 1 at the end of 2021 is primarily due to economic concerns within the company, says the sport's CEO Chase Carey. An exit that the Japanese engine supplier said was influenced by its decision 'to strive for the realization of carbon neutrality by 2050' and develop related technologies, Carey suggests sustainability was not actually the prime motivator behind their exit. 'I guess two things on the Honda decision,' Carey said in a conference call with investors on Thursday after F1 announced its Q3 results. 'I think one is that it was, from my perspective, largely driven by economic challenges at the overall Honda entity. 'The auto industry in general is...
Full Story »
Full Story »
4y ago from GrandPrix247.com
0
You May Also Be Interested In...
Could flax fibres eventually replace carbon fibre?
Two companies have been working together to develop a modern, sustainable...
4y ago from FormulaSpy.com
F1 will address 'economics' around 2026 engine - Carey
F1 boss Chase Carey says Honda's decision to leave the sport at the end...
4y ago from F1i.com
Carey: 'Honda exit a financial call'
Honda's departure as an engine supplier had two primary reasons, explains...
4y ago from GPBlog.com
Carey: 'Honda exit is a financial call'
Honda's departure as an engine supplier had two primary reasons, explains...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP constructors push for F1-style ‘Concorde...
No description available...
17h ago from Motorsport.com
Marco Bezzecchi explained what ‘key moment' he...
Marco Bezzecchi explained his first lap was the "key moment"...
17h ago from MotorsportWeek.c...
MotoGP to return to Buenos Aires from 2027 season
MotoGP has officially announced that the Grand Prix of Argentina will...
1d ago from MotorsportWeek.c...
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Why Rinus VeeKay believes there's more to come after...
No description available...
6h ago from Motorsport.com
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
1d ago from Motorsport.com
O’Ward explains the multiple steps that came...
Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...
1d ago from MotorsportWeek.c...
Kyffin Simpson’s confidence ‘very high right...
When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
2d ago from MotorsportWeek.c...
How the WRC service park reacted to Oliver Solberg's...
No description available...
2d ago from Motorsport.com
Oliver Solberg: WRC Rally Estonia win "biggest...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Hello from Singapore : Big Vik progress at last
Good morning from Singapore where I believe it is Wednesday. I got here...
1h ago from Arseblog.com
Report: Former Arsenal captain agrees deal to return...
A former Arsenal captain is on the verge of a sensational return to the...
5h ago from FreshArsenal.com
Arsenal star reluctant to sign new deal until 2032...
William Saliba remains a key player at Arsenal despite Real Madrid's...
9h ago from SportsKeeda.com
How Arsenal player has just reacted to Romano transfer...
Arsenal are reportedly closing in on the capture of the Sporting CP...
9h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin engineers question Adrian Newey over 2026 F1...
Aston Martin CEO and team principal Andy Cowell... Read More »
6h ago from GPFans.com
F1 on track to achieve ambitious sustainability target
F1 has provided an update on its target of... Read More »
4h ago from RacingNews365.com
‘Emotional’ Lewis Hamilton ‘putting his foot down’...
Lewis Hamilton is starting to 'put his foot' down... Read More »
8h ago from GPFans.com
