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Tuesday, January 13, 2009

Honda's future owners: Brawn and Fry?

Rumors are picking up steam that the future owners of the Honda F1 team may well be its current management.

Grandprix.com makes a compelling case for A Fry/Brawn buyout for Honda, citing the effect on Honda's image a costly shut down of the team and the subsequent loss of jobs would incur as a sufficient incentive to assist Fry and Brawn in purchasing the team.

Ross Brawn , Team Principle , Honda Racing F1 Team and Nick Fry , Honda Racing F1 Team, Chief Executive Officer during during testing in Jerez

A Honda-assisted buyout could be advantageous, the site argues: the cost could be spread out over several years for the new management, while offering a return on Honda's investment and provide an opening for the company to reinvest at some future date.

The other rumor mentioned by the site is the possibility of investment from Michael Schumacher, though the seven-times World Champion has denied interest.

Grandprix.com believes whoever buys the team, it will likely be powered by Mercedes, now that Ferrari has removed itself from discussions. Negotiations are believed to be well along, according to the site.

Norbert Haug said recently such a deal would have to be "100 percent bulletproof."

Sources are saying the team's future will be resolved in the next few days. Brawn has said it will take about six weeks to modify the car to take a new engine, so decisions need to be made soon if the team is to be on the grid at Melbourne. Don't miss the top stories of the day, subscribe to the SpeedRead Web newspaper now! -- Email SpeedRead -- Learn more about author C.D. Six


1 comment:

Anonymous said...

I wonder if they could get engines from Mugen? Honda has done that trick before. Last time it appeared to be simply a matter of transferring some in-house engineers across the road. As their team leader, whose name escapes me, said at the time of their return, "We never really left Formula 1".

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