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Bernie Ecclestone and Mercedes keen to bail out Honda F1 Racing

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bernie ecclestone

Bernie Eccelstone has gone public with his intentions of not letting the ailing F1 Racing outfit Honda F1 die an untimely death. He said that he was willing to assist the team financially.

The Mercedes team also said that it would supply engines to the Britsh team. The Formula One manufacturer’s association can also be expected to chip in and assist Honda in whatever way it can.

“We’ve been talking to them,” Bernie said.

“Whatever happens we’d like to see the Formula 1 team stay in business.”

“I’d rather not comment on that but we will do whatever we have to do to try to make it happen,” said Ecclestone.

“I don’t even know whether we could legally be involved (but) we probably couldn’t.

“The Commission might say that because we are the commercial rights-holder we shouldn’t be part of it.”

“I don’t know at this stage, but there is a possibility that loans could be made or something. (to assist Honda)”

Written by Formula One Addict

February 15th, 2009 at 8:01 am

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