[Oppofeescom]

http://news.xinhuanet.com/english/20...t_10569498.htm
http://www.hindu.com/thehindu/holnus...0812281560.htm

Looks like a done deal now (thought the confirmation deserved its own thread ).

[Broorbbub]

This is interesting. I'd like to know the extent of technical support Honda will be providing.

[HQTheodore]

This is interesting. I'd like to know the extent of technical support Honda will be providing.

Use the computer software to generate data on packing their suitcases into their runaway Accord I imagine...

[DfrtYhyu]

Nearly everyone is basing this on the La Stampa report. I hope it is genuine. However, even the AFP is reporting it... so there is a good chance that it is.

Senna and Button. With a team which will either carry the name of one of Slim's businesses, or a telco.

Sounds good to me. Roll it on...

[GoblinGaga]

I think that although at this stage he seems like the most likely buyer, this is all a bit premature. Only one source is saying that the deal is finalised and awaiting conformation, which implies that it probably isn't yet.

[cmruloah]

Honda Racing are in talks with four potential buyers including wealthy Mexican businessman Carlos Slim, autosport.com has learned, but no deal has yet been completed. http://www.autosport.com/news/report.php/id/72581

[wasssallx]

The thought has struck me that someone has misinterpreted a report that Honda's best hope of rescue is slim

[ArraryTauTDew]

i know it is the silly season but how safe is honda

International Herald Tribune, France - 3 minutes ago
Mexico's Slim denies bid for Honda Formula-1 team
Slim's family dismisses report of Honda Formula 1 purchase

[MP+4]

Regardless of it being silly season at the moment, I still feel uneasy about Barrichello's situation. Look like it might be a quiet exit for him, during the off-season.

[Broorbbub]

Just wait till you read it in The Bild or News of The World, then you know it is confirmed.

[Kilsimpaile]

I wonder would Honda continue as engine suppliers?

[vulikox]

I wonder would Honda continue as engine suppliers?

It was established pretty much as soon as Honda announced that they were pulling out of F1 that the team were likely to continue in any new guise with Ferrari power, giving that Ferrari have spare capacity since Force India moved to Mercedes power and Ross Brawn's links to Ferrari.

[Machater]

I'm surprised that a billionaire, said to be the second richest man in the world, would be dumb enough to buy a Formula 1 team. Maybe he wants to be a millionaire.

[Broorbbub]

I'm surprised that a billionaire, said to be the second richest man in the world, would be dumb enough to buy a Formula 1 team. Maybe he wants to be a millionaire.

[IronpumpedLady]

Honda Racing deny reports billionaire Carlos Slim is ready to take over the team
Honda Racing have denied that they are in talks with Mexican billionaire Carlos Slim regarding a potential takeover, with team principal Ross Brawn dismissing the rumours as "pure speculation".

By Tom Cary

Reports over the weekend suggested that Slim, the world's second richest man behind American investor Warren Buffett, had finalised a contract to take over the Brackley-based team, who have been left without a backer since the departure of Japanese car manufacturer Honda earlier this month.

Slim, who is reputedly worth $60billion thanks to his substantial influence over the telecommunications industry in Mexico and much of Latin America, was said to have visited Brackley in his private helicopter before Christmas.

And Italian newspaper La Stampa wrote on Saturday that Slim had agreed a deal that would see the team line up on the grid in 2009 with Englishman Jenson Button and Bruno Senna as their drivers.

But Brawn told Telegraph Sport on Sunday that, while talks are ongoing with "a number of interested parties," speculation concerning the Mexican billionaire is wide of the mark.

"We would love it if it were true," Brawn said, "but it's pure speculation from various members of the media. It's just been one of those rumours which has developed a life of its own."

However, Brawn stressed that discussions were ongoing with a number of other parties and stressed that the team, who have continued to develop their 2009 car, werestill an attractive proposition to potential investors.

"There has been a huge amount of interest," Brawn said. "It's now got to the stage where we need to filter out the serious from the not so serious. We're all hopeful that something will happen and we're anxious to turn up the wick again in the new year."

Time, though, is of the essence. Brackley's 700-odd staff are serving their statutory 90-day notice period. Brawn, though, insisted that the team could limp through to the season opener in Melbourne on March 29.

He said: "We haven't really lost anything yet as it has still only been a few weeks. Everything is in place although we have had to turn down various programmes.

"We have enough funding to get us through to Melbourne and we still have a competitive package."

http://www.telegraph.co.uk/sport/mot...-the-team.html

[ChyFDjfed]

Too many contradicting rumours. I guess we just have to wait for a bit longer. Obviously there are some discussions, but some issues about a takeover haven't been clarified yet.

[quorceopporce]

I'm surprised that a billionaire, said to be the second richest man in the world, would be dumb enough to buy a Formula 1 team. Maybe he wants to be a millionaire.

Or maybe he is embarrassed by being the world's second richest man.

[Narkeere]

I'm surprised that a billionaire, said to be the second richest man in the world, would be dumb enough to buy a Formula 1 team. Maybe he wants to be a millionaire.

Why not? Seems like a fun hobby if you can afford it.

I´d do it. I´d be happy with a few hundred M dollars so there would be money to spend on F1.






Wouldnt hire Bunsen though. Im not stupid.

[Romarionsion]

Wouldnt hire Bunsen though. Im not stupid.

careful, if it were not for lewis, the brits would be burning down your house....but the truth can hurt worse than a lie, sooo OUCH

[77chawzence]

Why not? Seems like a fun hobby if you can afford it.

I´d do it. I´d be happy with a few hundred M dollars so there would be money to spend on F1.

If I were going to spend a few hundred million dollars on racing, Formula 1 is the last pace I would take my money. The whole series is going to spend the next 3-4 years in a state of flux between medals, KERS, slicks, and wings of varous sizes.