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...
4h 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...
22h ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
1d 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...
1d 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...
2h 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
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Saka agrees new deal at Arsenal
Bukayo Saka has agreed to a new long-term contract at Arsenal.
59m ago from SkySports.com
Arsenal latest: Saka had interest from PL and Europe...
No description available...
59m ago from SkySports.com
'Among Europe's best' – David Ornstein confirms...
Arsenal fans will be delighted to hear that Bukayo Saka is closing in on a...
1h ago from CaughtOffside.com
Report: Arsenal to battle Man United & City for...
Arsenal are reportedly looking set for a summer transfer window battle...
1h ago from CaughtOffside.com
Comments
Hottest News
'Sounds incredible!' First video of 2026 F1 cars in action...
F1 fans have been left stunned by the sound of... Read More »
1h ago from GPFans.com
F1 manufacturers to hold crucial meeting with FIA over...
F1 manufacturers are to meet with the FIA later... Read More »
59m ago from MotorsportWeek.com
Could this be the new Red Bull livery for F1 2026?
In less than a week, Red Bull will reveal its... Read More »
1h ago from RacingNews365.com
