Honda is stepping out of the F1 races, this time for good ...United Arab Emirates

Tokyo: Honda Motor Co. will conclude its participation in the Formula One World Championship at the end of the 2021 season as the pandemic dents car sales and the auto industry undergoes a seismic shift toward electric vehicles. The Japanese automaker supplies engines to Red Bull Racing and Scuderia AlphaTauri. It bowed out of world's most-prestigious automobile racing series once before, in the wake of the 2008 global financial crisis, but resumed competition in 2015 with the goal to win using its own energy management technologies. "As the automobile industry undergoes a once-in-one-hundred-years period of great transformation, Honda has decided to strive for the realization of carbon neu

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