The title pretty much says it all. I have put together a few links to some of the news. Sad day for Honda Racing.Here are the links;
http://www.marketwatch.com/news/story/Honda-quits-F1-racing-cites/story.aspx?guid=%7B495F98DF-4B9F-45A7-A192-316E69F1BA14%7D
http://www.torontosun.com/sports/othersports/2008/12/05/7641291-sun.html
http://www.edmunds.com/insideline/do/News/articleId=137228
http://blogs.indystar.com/racingexpert/2008/12/dec_5.html
http://www.indystar.com/article/20081205/SPORTS0107/812050477/1052/SPORTS01