Honda to leave F1 for environmental initiatives: Plans to leave the Formula One World Championshiphave been announced by Honda so they can pursue environmental initiatives and do research on carbon-free technologies.
It will end its participation in the international sports event as a power unit supplier at the end of the 2021 season says the Japanese motorcycle manufacturer.
It intends to focus on developing technologies that could help it reach its 2050 carbon-neutral goal – these technologies include power units for fuel cell vehicles and battery electric vehiclescommented the firm.
Honda created a new centre called Innovative Research Excellence, Power Unit and Energy in April this year.
Honda to Conclude Participation in FIA Formula One World Championship.
— Honda Racing F1 (@HondaRacingF1) October 2, 2020
The firm commented: “As the automobile industry undergoes a once-in-one-hundred-years period of great transformation, Honda has decided to strive for the ‘realisation of carbon-neutrality by 2050.
“This goal will be pursued as part of Honda’s environmental initiatives which is one of the top priorities of Honda as a mobility manufacturer.”
Honda to leave F1 for environmental initiatives