The Japanese car maker put the team up for sale in December. Although a bid from the Virgin Group and an internal management buyout have both been rumoured, Honda CEO, Takeo Fukui, disclosed at a press conference in Japan that the company’s search for a viable purchaser is still ongoing.
Fukui will step down as CEO and President of Honda in June. Takanobu Ito will replce him.
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- F1 Freak
- Just a regular guy who loves Formula 1 a lot. I have been following F1 since 1998 and decided to create a blog as F1 is my passion. So here is an attempt to make a blog about my passion which is Formula One Racing. I will be posting all the latest Formula One News and things happening in the Formula One Teams. Formula One is one of the costliest motor sporting event and also one of the best to watch. As the Formula One cars got at speeds higher than 300 KMPH. It is really an amazing experience to watch these cars with the best aerodynamics and race strategies to win the race titles. The technology used in Formula One Racing is then further used in making better road cars and so all the car manufactures spend a huge amount of money in Formula One Racing. I watch every race of the Formula One Racing Season. So here you will find all the updates going on in the Formula 1 Racing. Please feel to write any comments regarding Formula One racing and I will be happy to upload all the latest happenings in Formula One Racing side.
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