Honda Announced Withdrawal from Formula One in 2021
OREANDA-NEWS. The Japanese automaker Honda informed that it will end its participation in the Formula One World Championship at the end of the 2021 season.
The company currently supplies motors to two teams: Red Bull Racing and Scuderia AlphaTauri. Honda’s leadership explained its decision to become a carbon neutral company by 2050. The Japanese manufacturer plans to reallocate its resources and focus on the production of fuel cell and electric vehicles. So participation in Formula One does not fit into Honda’s plans, and the racing program will be closed.
Honda has been represented in Formula One since 1964; the company had its own team in the championship. In 1968, after the death of its driver Jo Schlesser, it stopped participating in the competition.
In the 1980s and early 1990s, Honda supplied motors to various teams: Spirit Racing, Williams, McLaren and others. In 2005, the company bought the team British American Racing and returned to Formula One as a constructor, but in 2008, the Japanese manufacturer left the championship again.
Honda returned to Formula One in 2015 as an engine supplier. Over the past seasons, its engines have been used by teams McLaren, Red Bull Racing and Scuderia Toro Rosso (now Scuderia AlphaTauri).