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Hnda to withdraw from Formula 1 at the end of 2021

Press Release: Honda Motor Co., Ltd. today announced that it has decided to conclude its participation in the FIA*1 Formula One (F1) World Championship as a power unit supplier at the end of the 2021 season. In 2015, Honda resumed competition in F1, the most prestigious automobile racing series in the world, with the goal to win using its own energy management technologies. Initially, Honda experienced a number of difficulties; however, by demonstrating the collective strength of “All Honda,” including the utilization of its aircraft engine technologies, Honda has realized a high level of competitiveness. Moreover, as a result of the growth Honda achieved together with Red Bull Racing...
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