Honda Motor Co. Ltd. has announced it’s to participate in the FIA Formula One World Championship from the 2015 season under a joint project with McLaren. Honda will be in charge of the development, manufacture and supply of the power unit, including the engine and energy recovery system, while McLaren will be in charge of the development and manufacture of the chassis, as well as the management of the new team, McLaren Honda.
Commenting on this development, Takanobu Ito, President and CEO of Honda Motor Co., Ltd. said: “Ever since its establishment, Honda has been a company which grows by taking on challenges in racing. Honda has a long history of advancing our technologies and nurturing our people by participating in the world’s most prestigious automobile racing series. The new F1 regulations with their significant environmental focus will inspire even greater development of our own advanced technologies and this is central to our participation in F1. We have the greatest respect for the FIA’s decision to introduce these new regulations that are both highly challenging but also attractive to manufacturers that pursue environmental technologies and to Formula One Group, which has developed F1 into a high value, top car racing category supported by enthusiastic fans. We would like to express our sincere gratitude to Mr. Jean Todt, the President of FIA and to Mr. Bernie Ecclestone, the CEO of Formula One Group who showed great understanding and cooperation to help realise our participation in F1 racing. The corporate slogan of Honda is “The Power of Dreams”. This slogan represents our strong desire to pursue and realize our dreams together with our customers and fans. Together with McLaren, one of the most distinguished F1 constructors, Honda will mark a new beginning in our challenges in F1.”
Also, Martin Whitmarsh, CEO of McLaren Group Limited said；
“The names of McLaren and Honda are synonymous with success in Formula One, and, for everyone who works for both companies, the weight of our past achievements together lies heavily on our shoulders. But it’s a mark of the ambition and resolve we both share that we want once again to take McLaren Honda to the very pinnacle of Formula One success. Together we have a great legacy – and we’re utterly committed to maintaining it.”