Eurosport - Sat, 07 Mar 16:18:00 2009
The former Honda Formula One team has been saved and will race this season as Brawn GP under team principal and new owner Ross Brawn.
Britain's Jenson Button and Brazilian Rubens Barrichello, last year's Honda line-up, will continue to drive for the British-based team with the first race in Australia little more than three weeks away on March 29.
Brawn GP, whose change of name is subject to the agreement of the governing FIA, will use Mercedes engines under a deal with McLaren's partners.
No financial details were given.
"Honda Motor Company Limited and Ross Brawn are pleased to confirm that they have reached agreement to secure the future of the former Honda Racing F1 Team," the statement said.
"With immediate effect, Honda will pass ownership to Ross Brawn, team principal of the new Brawn GP Formula One Team."
Brawn, a former Ferrari technical director, looked forward to the new season after months of doubt about the team's survival following Honda's announcement in December they were pulling out due to the credit crunch.
"The past few months have been extremely challenging for the team but today's announcement is the very pleasing conclusion to the strenuous efforts that have been made to secure its future," he said.
"I would like to thank Honda for the fantastic co-operation and support we have received throughout this process, particularly those members of the senior management who were closely involved with concluding our agreement, and for the faith they have demonstrated in myself and our team."
The team said Nick Fry, the former Honda Racing chief executive who attended a news conference held by the Formula One Teams' Association in Geneva on Thursday, will remain as part of Brawn's senior management team.
However the Brackley-based team, formerly the sport's biggest spenders, are likely to shed a considerable number of their 700 employees.
They are due to hold a private shakedown of the new car at the Silverstone circuit in England on Friday before travelling to Spain for their first test of the year in Barcelona on Monday.
They will also hold a final pre-season test in Jerez.
Barrichello is F1's most experienced driver with a record 270 starts and his partnership with Button, reported in the British media to have taken a significant pay cut, represents a combined total of 423 grands prix.
Brawn's move, effectively a management buy-out, rescued both men's careers with 36-year-old Barrichello out of contract while Button was facing a year on the sidelines with all other teams completing their line-ups.
With the team's survival, Formula One will start the season with 10 teams - one fewer than at the beginning of 2008 before Super Aguri folded.
Comment 179 - 198 of 258
Yeah, Scotty, are you sure ?
Scottish C - you are correct with the apostrophe usually denoting ownership however I think "its" is one of our lovely English exceptions and the apostrophe is not used.
The grammar is correct. The apostrophe denotes ownership.
"Comment hidden due to it's low rating"
The low rating belonging to the comment.
Massa's car is red. The car belonging to Massa is red.
.
Apostrophe can also show missing letters, it's = it is, that's = that is or that has.
Where it's mot commonly misused is when an s is added to a noun to make it plural. Car to cars, DVD to DVDs, the mistake would be to write car's or DVD's, incorrect.
double world champ ALONSO to succeed again in 2009
may luck & good fortune go with him
congratulations to Brawn
lets hope Jenson Button can score more points
however will they reach Australia .. ?
who will be FIRST to lose their front spoiler ... ? All vote now Ha Ha
See Marion has crawled out from under his stone again, I could swear I have read this exact posting word for word before. Marion why dont you watch paint drying and leave F1
to genuine fans who are really looking forward to 29th March 09 Australian GP.
Get a life Marion and all your aliases
Ed
very poor English used
Ed
very poor English used
comment hidden due to low rating
I smell Salsa and its horrible.
COMMENT HIDDEN AS IT RECEIVED A LOW RATING
comment hidden due to the low rating awarded
the low rating caused the comment to be hidden
COMMENT HIDDEN DUE TO A LOW RATING
TRY THAT
Good luck to Ross and his team for the coming F1 season.
And fair-play for having the "ball's" to give it a go !
pam_wallis60,
I too thought Ed P was wrong until I considered this :
Which makes more sense -
a) Comment hidden due to its low rating.
or
b) Comment hidden due to it is low rating.
"it"s -- is short for it is ---- and was used correctly"
Perhaps there are special rules for two apostrophes then...
But seriously, "Comment hidden due to IT IS low rating"? That does not make any sense.
KONGRATULATIONS BRAUN
"Ed 198
especially low rating for your very poor English displayed"
Actually, that post is spot on you moron.
Ed 198
especially low rating for your very poor English displayed
77777777676 ed ...{198} is as ignorant with his English as he is with his F 1 comments
76557 --just learn that - it"s -- is short for it is ---- and was used correctly
SixOneSix : It certainly is a lot easier to find good with and celebrate the victories of the numerous winners from last year then to find fault because " your guy " per se wasn't as fortunate.
When i read comments like " i hope Lewis , Kimi , Massa ,Alonso crash on the first corner " i have to wonder just what they expect out of a race. Just and only their driver to have success.Doesn't say much for the drivers talent level if no one else is racing and not much for the driver if their fans only believe can win without competition.
Please login to post a comment
Not already a Yahoo! user ? Sign up to get a free Yahoo! Account