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 »
5y 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...
5y 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...
5y ago from F1i.com
Carey: 'Honda exit a financial call'
Honda's departure as an engine supplier had two primary reasons, explains...
5y ago from GPBlog.com
Carey: 'Honda exit is a financial call'
Honda's departure as an engine supplier had two primary reasons, explains...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
23h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
1d ago from Motorsport.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
1d ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
1d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
1d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
2d ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 6: Nasser Al-Attiyah regains overall...
No description available...
20h ago from Motorsport.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
1d ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
1d ago from Motorsport.com
Why defending champion Yazeed Al-Rajhi retired from...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Liverpool early favourites to sign 'superb'...
Liverpool are understood to be showing the strongest interest in a...
50m ago from CaughtOffside.com
Ornstein says Man Utd & Chelsea want £100m star...
David Ornstein has provided the latest transfer information on Nottingham...
1h ago from CaughtOffside.com
Contact made: Chelsea enquire about signing PL...
Chelsea are reportedly one of the clubs to have made an enquiry about...
2h ago from CaughtOffside.com
Arsenal and Man City set to battle each other for...
Arsenal and Manchester City are reportedly set to battle for Newcastle...
1h ago from SportsKeeda.com
Comments
Hottest News
'What are you even advertising?' F1 Fans lay into Ferrari...
F1 teams are offering fans crumbs of content in... Read More »
1h ago from GPFans.com
Audi release first official images of 2026 F1 car shakedown
Audi completed a successful shakedown of its 2026... Read More »
3h ago from RacingNews365.com
Christian Horner could see F1 return blocked by Mercedes...
Former Red Bull F1 team principal Christian... Read More »
1h ago from GPFans.com
