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Honda Restates Formula 1 Goal

21 December, 1998

Honda President and CEO Mr Hiroyuki Yoshino has restated the company's goal to re-enter Formula One racing in the year 2000.

Speaking at an end-of-year press conference in Tokyo today, Mr Yoshino said a prototype Honda Formula One car was driven last week near Milan, Italy.

"We plan to start tests of this racing car from the beginning of next year. Our goal is to begin race competition in 2000," Mr Yoshino said.

It will be Honda's third era of Formula One. From 1964-68 and 1983-92 Honda participated as an engine manufacturer.

In March this year Honda began a feasibility study on re-entering Formula One.

Honda's success in Formula One includes World Constructors' Championship in: 1986 (Williams Honda)
1987 (Williams Honda)
1988 (McLaren Honda)
1989 (McLaren Honda)
1990 (McLaren Honda)
1991 (McLaren Honda).

World Driving Championships were achieved in: 1987 (Nelson Piquet – Williams Honda)
1988 (Ayrton Senna – McLaren Honda)
1989 (Alain Prost – McLaren Honda)
1990 (Ayrton Senna – McLaren Honda)
1991 (Ayrton Senna – McLaren Honda).

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