Honda saved by management buyout

The Honda team will be present on the 2009 Formula 1 grid according to British newspaper The Times. According to the paper, Ross Brawn has led a management buyout of the team with money from Honda, Bernie Ecclestone and commercial partnerships said to be funding the team’s 2009 F1 efforts. Despite recent rumours that the Virgin Group were looking to back the team, it appears that this will not be the case.

Little information is known over the team – Jenson Button is said to be the lead driver for the 2009 season however it is yet unknown what name the team will race under or what their racing livery will look like, or who his team-mate will be. The two strongest contenders for the second race-seat are Rubens Barrichello who has raced for Honda for the past three seasons, and Bruno Senna, the nephew of the late, great Ayrton Senna.