Brawn GP Announced As Honda Officially Hands Over Ownership
The Honda F1 Team is no more, and as from today it shall be known as “Brawn GP”.
The team was brought out of administration by team principal Ross Brawn, and has coined his own name into the title as the major backer to the squad which will continue to be based in Brackley.
After months of speculation, it is nice to finally get it sorted out and see the team will be back on track.
Jenson Button and Rubens Barrichello will drive for the new team, whose colours are White, yellow and black.
The car will be run at a shakedown today, its name is said to be the BGP 001.
Speaking about the new deal, Brawn said: “The past few months have been extremely challenging for the team but today’s announcement is the very pleasing conclusion to the strenuous efforts that have been made to secure its future.
“Firstly, it is a great shame that having worked with Honda Motor Company for so long we can no longer continue together. I would like to thank Honda for the fantastic co-operation and support we have received throughout this process – particularly those members of the senior management who were closely involved with concluding our agreement – and for the faith they have demonstrated in myself and our team.
“I would also like to take this opportunity to pay due credit to our staff at Brackley. The levels of motivation and commitment that I have witnessed at the factory deserve the highest praise.”
Brawn added: “It would be impossible to mention all of the people without whom today’s announcement may not have been possible, however I would like to express particular appreciation for the support we have received from Mercedes-Benz Motorsport, the FIA (Fédération Internationale de L’Automobile), FOM (Formula One Management), FOTA (Formula One Teams Association), BERR (the UK’s Department for Business, Enterprise and Regulatory Reform), Bridgestone, our other team partners and our many fans the world over.
“The journey ahead will be challenging but exciting and we know we can count on their continued enthusiasm for our team and its ambitions.”
“I am delighted that Jenson Button and Rubens Barrichello will form our race driver line-up for the 2009 season,” he said.
“The vast experience and knowledge that both drivers bring to our team will prove invaluable as we aim to get up to speed in the shortest possible time to be ready for the first race of the season in Melbourne on 29 March. In what will be their fourth season together, their experience with our team in Brackley, our systems and our engineers, will prove a real asset.”
This entry was posted on March 6, 2009 by f1fanatics. It was filed under Brawn GP, F1 Business, F1 News, Honda and was tagged with Brawn GP, Honda Leave F1, Jenson Button, Ross Brawn, Rubens Barrichello.