McLaren deny reports that Honda is buying stake in team

McLaren

McLaren have denied reports that Honda are considering buying a controlling stake in the Formula 1 team.

Honda and the Woking based outfit enjoyed a highly successful partnership from 1988 to 1992, and the Japanese automotive giants is set to provide F1 power units to McLaren starting in 2015.

This has prompted speculation, mainly in the Japanese media, that Honda are keen to acquire a controlling share in the F1 race team.

However McLaren have stated: “Contrary to recent media reports, Honda [have] informed us that [they] [have] no intention of buying 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 Ayrton Senna (1988, 1990 and 1991) and Alain Prost (1989) while winning four constructors’ titles in the process. (GP247)