PSA muted as potential Honda buyer

French Manufacturer PSA has joined the growing list of potential buyers for Honda following the demise of the Japanese manufacturer earlier in the month.

PSA, which sells cars under the names Peugeot and Citroën and runs respective campaigns in sport scars and world rallying, is the latest organisation to be linked to the Brackley-based outfit following rumoured interest from David Richards’ Prodrive team, Carlin Motorsport, Dubai Investment Capital and Ultimate Motorsport.

According to Belgian magazine Autosportnieuws, PSA is interested in a return to Formula One since it has only been mildly hit by the global economic downturn in comparison to its competitors.

The French government has also stepped in promising to financially support the automotive sector.

Jenson Button meanwhile has pledged his allegiance to Honda amid growing concern that the British driver and Hungarian Grand Prix winner could be without a seat next year.

“I’m happy staying where I am at the moment,” Button said during Wembley Stadiums Race of Champions at the weekend. “This team is still my best option for 2009.

“I have some other options, though, admittedly limited because this has all happened so late in the year.”

While the British driver was confident that the team would find a buyer he did not rule out the possibility of missing 2009 as a result of the teams woes, and hinted that he would take up other options should that be imposed on him.

“That’s a difficult question,” he said when asked how long he would keep the faith. “Who knows what is the right thing to do? I’d rather not take a year out, though. It’s not good for a racing driver to be out of the sport.”