News Details
McLaren deny reports that Honda is buying stake in team
McLaren have denied reports that Hinda is considering buying a controlling stake in the Formula 1 team.
Honda and the Woking based outfit in 1988 to 1992 enjoyed a highly successful partnership, and the Japanese automotive giants is set to provide F1 power units to McLaren starting in 2015.
This has prompted speculation, mainly in Japanese media, that Honda were keen to acquire a controlling substantial share in the F1 race team.
However McLaren have satetd: 'Contrary to recent media reports, Honda has informed us that it has no intention to buy into McLaren. All of Honda's focus is on the development of its new Formula 1 power unit.'
McLaren and Honda won drivers' world title with...
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11y ago from GrandPrix247.com
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