Motorsport boss Max Mosley says more teams could follow Honda out of F1 if costs are not cut.

FIA reacts to Honda withdrawal

Japanese car manufacturer Honda made an official announcement on Friday that the company will withdrawal from Formula One immediately. At a press conference in Tokyo Honda president Takeo Fukui announced the team has to withdrawal due to the difficult economic circumstances.

Japanese car manufacturer Honda made an official announcement on Friday that the company will withdrawal from Formula One. At a press conference in Tokyo Honda president Takeo Fukui announced the team has to withdrawal due to the difficult economic circumstances.

Official: Honda confirms withdrawal

BMW test driver Christian Klien says that the new regulations for 2009 will mean that F1 cars can follow one another much more closely and in turn will enable easier overtaking.

Japanese car giant Honda will withdraw from Formula One on Friday and place its team up for sale, BBC Sport understands.

According to the latest reports in British media the Honda Formula 1 team will announce its retirement from Formula One on Friday morning. The Brackley based team will close down its factory if no buyer is found with a few weeks.

Honda to withdraw from F1 by March 2009

Double world champion Mika Hakkinen believes McLaren driver Lewis Hamilton can become the best driver Formula One has ever seen. According to the Fin the 2008 Formula One champion still has many great years to come in F1.

Frenchman Julien Jousse is the first driver who is confirmed to race in the Formula Two series next season. The season will kick off in Valencia in the end of May and is a FIA-supported feeder series for Formula 1.

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