INDYCAR: Franchitti claims third 500 win in Honda 1-2 finish

Dario Franchitti came from the rear of the field to win a dramatic Indianapolis 500 Sunday at the Indianapolis Motor Speedway, leading Target Chip Ganassi Racing teammate Scott Dixon to the checkered flag in a 1-2 finish for Honda in near-record heat and humidity. It is the third Indianapolis 500 victory for Franchitti, and the third for Honda with engine manufacturer competition.

After starting 16th, Franchitti was hit during his first pit stop by the car of E.J. Viso, spinning Franchitti around and dropping him to the rear of the field. But he fought back to the front, reaching the lead for the first time on Lap 151 and then entering into a multi-car battle for the victory over the final laps.

Once at the front of the field, Franchitti spent the late laps trading the lead with Dixon, part of a record 34 lead changes during the race; while the Honda Dallaras of Takuma Sato and Justin Wilson; as well as the cars of Tony Kanaan and Ed Carpenter all looked like potential race winners.

Carpenter was the first to fall by the wayside, spinning without contact on Lap 180. On the Lap 184 restart, Kanaan jumped from fourth to the front on the run to Turn One, but the yellow came out again just three laps later as Marco Andretti spun and crashed without injury.

On Lap 194, the green flag waved for the final time and both Franchitti and Dixon passed Kanaan. Sato also was quickly past Kanaan and then Dixon. On Lap 199, Sato moved alongside Franchitti and attempted a last-lap pass for the lead as they entered Turn One. But Sato lost control mid-corner, made contact with Franchitti and then spun hard into the wall, crashing without injury.

Franchitti was momentarily sideways, but corrected for the slide and claimed his third Indianapolis 500 victory, and the 96th IndyCar win for Target Chip Ganassi Racing at the 96th running of the Memorial Day weekend classic. Dixon finished second, with Honda drivers Justin Wilson seventh, Charlie Kimball in eighth and Townsend Bell, ninth.
The IZOD IndyCar Series now enters June with a run of four consecutive race weekends, starting with the June 3 Belle Isle Grand Prix temporary street circuit race in Detroit, Michigan, followed by oval races at Texas Motor Speedway, The Milwaukee Mile and Iowa Speedway.

Dario Franchitti (#50 Target Chip Ganassi Racing Honda) started 16th, finished 1st, his third Indianapolis 500 victory, 31st IndyCar victory (all with Honda power) and first win of 2012: “I moved over for Takuma [Sato]. I knew he was coming and I moved up the track. I felt it was a good move, but he got loose underneath me. It was the last lap of the Indianapolis 500 and I didn’t expect him to lift. I think he did everything right up until the point he lost the rear of the car. It kind of reminded me of Emerson [Fittipaldi] and Little Al [Unser, at the 1994 Indianapolis 500] at the end there. This means the world. This is Indianapolis.

I also have to say ‘thank you’ to Honda. I have all of my [IndyCar] wins with them and today showed us all exactly why. They worked incredibly hard throughout the event, and never more so than in the week after qualifying. Honda showed us all today what they can accomplish.”

Scott Dixon (#9 Target Chip Ganassi Racing Honda) qualified 15th, finished 2nd, led 53 laps: “We had the car to win today. Between the efforts of the team and Honda we had the power, reliability and mileage we needed, but at the end it was Dario’s race. He did a hell of a job today, so I’m super happy for him, but super gutted for myself. Still, it couldn’t be a better day, a 1-2 finish for the Target Chip Ganassi team at the Indianapolis 500.”

Art St. Cyr (President, Honda Performance Development) on today’s Honda victory in the Indianapolis 500: “This is why we go racing. To be able to participate in such a competitive race is one of the most amazing things in my career with Honda. It was an exciting day, and a great race for the fans – but pretty stressful for the participants! Any of several Honda drivers would have been a deserving winner today, but somehow it seemed destined that this was Dario’s day. He drove a fantastic race, never giving up after getting hit during his first pit stop. It was an inspiring drive, and an incredible race, that had all of us riveted throughout. My congratulations to all our associates at Honda Performance Development, who worked so hard to make this victory a reality. What a great day.”

Source;
http://www.motorsport.com/indycar/news/franchitti-claims-third-500-win-in-honda-1-2-finish/

Honda CEO says the decision to quit Formula 1 was absolutely necessary

Honda CEO Takanobu Ito says he has no regrets withdrawing from Formula One racing last year, saying that it was necessary for the company’s survival. Honda’s former team, now named Brawn GP, had won both the drivers’ and constructors’ championships this season.

When asked by reporters whether he had misgivings for pulling out of the sport, he said that after its withdrawal, it saw its team doing “extremely well” because of the efforts it put into the team. Ito took over Honda in June from his predecessor, Takeo Fakui, who had made the decision to quit F1. Ito said that he believes it was the correct decision. Ito explained that the company’s love for F1 racing had never waned but that its first priority was the company in light of the global recession that had deteriorated its management environment. He also cited the need to comply with environmental requirements, which meant that it had to develop new technologies.

Source;
http://www.4wheelsnews.com/honda-ceo-says-the-decision-to-quit-formula-1-was-absolutely-necessary/

Honda not considering F1 return - new CEO

Even if the world economy rapidly recovers, Honda is not keen to return to formula one, the Japanese carmaker's new chief executive said on Monday.

Takanobu Ito has now succeeded former chief executive Takeo Fukui, who due to the global financial crisis decided to withdraw Honda from the sport and hand the Brackley team to its current owners headed by Ross Brawn.

"It was a real shame that we had to leave formula one," Ito is quoted as saying from Tokyo.
Financial considerations aside, he suggested F1 has become less attractive due to its regulatory restrictions.

"On the other hand, F1 is becoming less of a medium in which companies can test their various strengths and more of an event with mounting restrictions.

"There's little room for us to challenge new fields, so bearing in mind the current state of series, I don't think we have the desire to return, even if the economy improves," he added.

Meanwhile, given the withdrawal from the F1 calendar of Fuji Speedway, Ito said he did not know if Honda-owned Suzuka will take over as the new permanent host of the annual Japanese grand prix.

Source;
http://www.worldcarfans.com/109071320453/honda-not-considering-f1-return--new-ceo

Honda Announces Sale of the Honda Racing F1 Team

TOKYO, Japan, March 6, 2009 - Honda Motor Co., Ltd. has announced the sale of the Honda Racing F1 Team (HRF1) to Ross Brawn, the former Team Principal of Honda Racing F1 Team.

The entire shares of the HRF1, held by Honda GP Holdings Ltd., the UK-based holding company for HRF1 that managed all operations of Honda's Formula One racing, were sold to Ross Brawn. As a result of this sale, the team ownership has transferred to Mr. Brawn, who plans to have the new team compete for this year's FIA Formula One World Championship.
- Hiroshi Oshima, Managing Officer of Honda Motor Co., Ltd. responsible for Corporate Communications and Motor Sports

"Since announcing our withdrawal from Formula One racing on December 5 of last year, we have conducted various studies and discussions so that the team can continue its activities as a new team. We are very pleased that we could sell the team to Ross Brawn, with whom we have been partaking in the challenges of F1 competition, and are grateful for his decision. We offer our sincerest wishes for the new team which will be led by Ross."

Source;
http://www.hondanews.eu/en/news/index.pmode/modul,detail,0,1101-DEFAULT,21,text,1/index.pmode

Rescued Honda team to be called 'Brackley F1'

With a blank livery and Jenson Button at the wheel, the team currently known as Honda will return to action at a Silverstone shakedown of its 2009 car next Thursday, sources from inside the Brackley factory are reporting. With the Ross Brawn-led management buyout now approved - but not officially announced - by Honda Motor Co.'s Tokyo board, information is leaking from the outfit that had until recently looked likely to be wound up ahead of the 2009 season. Now, however, suggestions of at least one - and possibly two - full tests at Spanish circuits in March are gaining credence, and one source told us that these will be preceded by a run-out with Mercedes power at Silverstone late next week. With the Honda board also insisting upon a name change, the frontrunner at present is 'Brackley F1', but a final decision on this has not been taken.

Also likely - but not confirmed - is the identity of Button's team-mate. Bruno Senna has all winter been named as the frontrunner, but given the nature of the challenge faced for 2009, it is believed the veteran Rubens Barrichello is now favourite to retain his seat. Under Brawn's leadership, the funds for the team this year will come from increased and advanced FOM income, commercial sponsors, and Honda itself, who have concluded that it is cheaper to offload the squad as a going concern rather than fund the closure and compensate contracted staff, including the very highly paid Button. The Swiss newspaper Blick said of rookie hopeful Senna: "The young Brazilian will drive in the DTM championship (in 2009)."

Source;
http://en.f1-live.com/f1/en/headlines/news/detail/090227084040.shtml

Other News via Autoblog;
Some reports claim that the team will be called Brawn Sport, while others say it will be called Brackley F1 – Brackley being the site of the team's UK headquarters. Whatever it's called, the team has been funded by an advance on its Formula 1 television rights money, and Honda. The carmaker decided it would be better and cheaper to give the new team money than to close up shop and pay several hundred severance packages.

Source;
http://www.autoblog.com/2009/03/02/report-honda-f1-team-to-be-taken-over-by-brawn-sport/

A requiem - Honda admit future F1 return possible

Honda Motor Co.'s incoming chief executive has left the door open to the struggling Japanese manufacturer returning to formula one in the future.

Under the stewardship of departing CEO Takeo Fukui and amid the brunt of the global financial crisis, Honda decided to pull out of the sport after the 2008 season, citing the need to "protect its core business activities."

But with Takanobu Ito set to take over in June, the future Honda CEO and president insisted that elite motor racing is "very challenging but also fun."

"Unfortunately, our company has a slight cold right now. But we would like to cure this cold as quickly as possible and work towards reaching that happiness (of racing)," the 55-year-old explained in a press conference in Tokyo.

Honda contested grands prix as a standalone manufacturer in 1963-1968 and 2005-2008, but achieved its greatest success as a F1 engine supplier in the 80s and 90s.

Source;
http://www.worldcarfans.com/9090224.031/a-requiem---honda-admit-future-f1-return-possible

Acura says sports-car prototype operation will continue

So, even though Honda is backing away from F1, they are still working on a the LMP1 Sports Car. My guess is that as soon as this economic downturn starts to rebound we'll see Honda back at the F1 table.For those paying close attention, the stunning news that Honda will quit Formula One effective immediately raises another question: what does the news mean for the LMP1-class sports-car prototype program that Honda subsidiary Acura announced Labor Day weekend during the Detroit Grand Prix?

Attempts to reach Honda Performance Development officials on Friday were unsuccessful, but the company released the following statement:


"It is unfortunate that current global economic challenges have necessitated the cessation of Honda’s participation in Formula One racing. However, Honda’s U.S.-based motorsports activities are expected to continue in 2009.


"Racing has played an essential role in Honda’s history as a company, and the competition that racing provides has always been a cornerstone of Honda’s corporate values. We race to learn, and we race to win. We plan to continue both of those traditions in 2009 and beyond."

However, with the cost of an LMP1 program believed to reach--and exceed--$60 million, the question remains: Does Honda's F1 pullout portend more bad news for racing fans? With Audi announcing on Friday that it will also scale back its hugely successful diesel-powered LMP1 effort in 2009, a best-case scenario for the American Le Mans Series could see Acura racing for wins between its own Highcroft Racing and De Ferran Motorsports teams. Certainly, there will be no Acura vs. Audi all-out factory factory efforts in 2009.


Source;http://www.autoweek.com/article/20081206/FREE/812069997

Honda Pulls out of Formula One Racing, Cites Global Downturn

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