Honda Folds F1 Team in Stunning Move
financial crisis the world has been touted in the news. Of course, many feel that they are just really starting to see real impact on the field. With the announcement that it will close its Honda Formula One team, the auto industry began to show effects.
Technically, Honda will try to sell its Formula One operation before closing. Given the current economic environment, it seems highly unlikely that private investors may find that in this pokretu.Ovlasti that the Honda seems to be true, especially because they gave only a 30 day window for the sale occurs.
assuming the closing occurs, it raises questions around the motorcycle world. Honda is, after all, a financially stable companies in the auto industry. If you are pulling way back, one has to question whether other teams will do the same. Toyota faces a big sales drops, and Renault has never been a manufacturer is considered fully committed to F1. If any teams drop out, one has to wonder if the continuing viability of F1 would not be possible.
True, the chances for more manufacturers pulling out of Formula One is not likely to have been Honda. Why? Honda had to minimize the sponsorship in the past two years. Or because the car was so bad, or you decided to join his own name, the team simply never tobacco company, bank or mobile phone to pay him tens of millions of dollars in sponsorship money as other teams.
derailment of efforts in the Honda Formula One asks questions on a larger scale. Honda has taken a hit in an economic downturn, but the company is hard at the peak stečaja.Isto can not be said for GM, Ford and Chrysler. Bailout debate underway with the government, but that the congress will be excited about the money spent on stock car racing? Due to the lack of enthusiasm, it will be under the influence of NASCAR is moving forward? Nobody can be sure, but NASCAR teams and may not be feeling too comfortable at this time.
of economic trouble around the world often seems to be from another planet, given the problems faced by multinational corporations that the individual can not really relate to. It is only when this news filters down to our daily lives, like losing jobs as we understand it's quite real problem. For motorcycle fans, the failure of Honda F1 is the first sign of trouble in automobiles, but most likely not be the last.
10.29
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This entry was posted on 10.29
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