Citroen/Peugeot Look To Buy Defunct Honda Team
The Citroen Peugeot partnership PSA are reportedly contacting the former Honda F1 Team at Brackley to enquire about purchasing the team as a going concern.
The French automobile producers are reportedly looking to get involved in F1 after massive cost cuts have been announced.
Citroen and Peugeot (along with Renault) are recieveing support from the French government in the wake of the massive global financial crisis, and sales of cars are not harming them too much at the moment. The crisis has already gained another scalp, Suzuki this morning announced their plans to leave the WRC.
Citroen are currently the reigning world rally champions, and with the greatest rally driver of the current era Sebastian Loeb racing for them they are finding plenty of success here.
Peugeot are also gaining success in the Le Mans series championships with their 908 FAP diesel race car, challenging the undisputed kings of the sport Audi. Peugeot also have past F1 experience supplying engines to both Jordan and Prost in the 1990’s.
It gives competition to Prodrive’s David Richards who claims to have the backing, but no official move has been seen yet.
If PSA are successful, the rumour mill suggests that Jenson Button will remain with the team and be partnered with Sebastien Bourdais. Also, Sebastian Loeb will be brought in as a test driver with a view to a 2010 seat.
This entry was posted on December 15, 2008 by f1fanatics. It was filed under F1 Gossip, F1 News, Future F1 Teams, Honda and was tagged with Citroen, David Richards, French Automobile Manufacturers, Honda Leave F1, Jenson Button Sebastien Bourdais, Jordan J195, Peugeot, Peugeot F1, Prost, PSA, Rubens Barrichello, Sebastian Loeb.