Among the causes of this decision were the problems in the global auto industry, and the general economic crisis. It is estimated that Honda had an annual budget of US$ 500 for the team in 2008. The team Honda Racing led by Nick Fry (CEO) and Ross Brawn (Team principal) will have three months to find a new owner. It may still be using Honda's engine , as, previously, the BAR-Honda team. Nick Fry said three potential bidders had already emerged. Rubens Barrichello driving for Honda F1 at the 2006 Canadian GP Honda’s 2008 race drivers, Jenson Button and Rubens Barrichello, still are not confirmed for 2009, nor is the GP2 star Bruno Senna, the nephew of Ayrton Senna, his prospects to enter the Formula One now faded but still exist.
Among the causes of this decision were the problems in the global auto industry, and the general economic crisis. It is estimated that Honda had an annual budget of US$ 500m for the team in 2008. The team Honda Racing led by Nick Fry (CEO) and Ross Brawn (Team principal) will have three months to find a new owner. It may still be using Honda's engines , as, previously, the BAR-Honda team. Nick Fry said three potential bidders had already emerged. Rubens Barrichello driving for Honda F1 at the 2006 Canadian GP Honda’s 2008 race drivers, Jenson Button and Rubens Barrichello, still are not confirmed for 2009, nor is the GP2 star Bruno Senna, the nephew of Ayrton Senna, his prospects to enter the Formula One now faded but still exist.
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