Sunday, December 21, 2008

The credit crunch takes no prisoners!

In the last month or so we have heard the shocking news that Honda are one of the mighty forces in motor racing that have been severely hit by the credit crunch. First came the withdrawal from F1, which came as a shock in itself, but now MCN last week revealed that Honda may not have much of a future in Moto GP either.

With the financial dilemma hitting all the big businesses hard everywhere you look, it somehow doesn't seem right that Honda seem to have been struck the hardest. Such a successful company in producing motor vehicles for the road and the race track, could we be on the brink of losing one of the most synonymous manufacturers in motor sport?

It's anyone's guess what the future holds for motor racing in the current economic climate, but ITV's F1 pundit Martin Brundle believes that Honda pulling out of F1 could trigger more teams to make such a bold decision to quit top flight motor racing. One thing is for sure, if the crisis is enough to send Honda packing then I'm sure there are plenty more manufacturers that are on the same exit path in order for their co-operation to survive.

The latest news to come out of the Honda camp is that the AMA Superbike team has pulled the plug leaving Britain's Neil Hodgson out of a job along with a load of team mechanics and technicians.

It seems the credit crunch takes no prisoners and not even the super powers in motor sport are exempt. Lord only knows who will be it's next victim!

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