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Honda Formula One Racing Operation Base in Europe


Honda Formula One Racing Operation Base in Europe

Tokyo, July 11, 2013 - (JCN Newswire) - Honda Motor Co., Ltd. today announced that it will base its European racing operation in Milton Keynes, United Kingdom in preparation for participation in the FIA(1) Formula One (F1) World Championship from the 2015 season.

As announced on May 16, 2013, Honda will participate in F1, under a joint project with McLaren, as a supplier of the power unit including the engine and energy recovery system from the 2015 season.

The new facility will be the European frontline operation for Honda's F1 participation and will rebuild and maintain the power units developed at Honda R&D center in Tochigi, Japan. Honda will also base its trackside support operations from this new European office.

This office will be located in the new engine research and development center of MUGEN EURO Co., Ltd.(2), where Honda plans to start operations from June of 2014.

Whilst the development and manufacture of Honda's F1 power units will take place at the R&D center in Tochigi, Japan, it was important for Honda to establish a European facility to support its racing operation. The U.K. is an ideal location; it is the home of McLaren, many F1 suppliers are U.K. based and with 7 of the 19 races taking place in Europe (2013), the U.K. acts as a global hub for the transportation of parts as well as team personnel.


Facility overview
 
Address:           Milton Keynes, Buckinghamshire, United Kingdom
                   Within the facility of MUGEN EURO Co., Ltd.
Office operations: F1 European frontline operations including rebuilding
                   and maintenance of power units, and trackside support.
                   Engineer office for WTCC activities.

Yasuhisa Arai, Senior Managing Officer and Director, Chief Officer of Motorsports, Honda R&D Co., Ltd. said: "With the confirmation of a new F1 operation base in U.K., our preparation to join F1 has become more specific and concrete. To meet and exceed the expectations of our fans, we will accelerate our development to bring back the unique Honda engine sound onto the track."

(1) FIA = Federation Internationale de l'Automobile (2) MUGEN EURO Co., Ltd. is a U.K. subsidiary of M-TEC Co., Ltd. (Japan)

About Honda

Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.

Contact:

Honda Media Inquiries corporate_pr@hm.honda.co.jp +81-3-5412-1512

Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net

Provider ID: 00027036

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