20 Dec 2008

Honda continues to prepare F1 car

1:53 pm on 20 December 2008

The Honda Formula One team is continuing to prepare for the 2009 championship, despite it having no intention of racing.

The Japanese carmaker announced earlier this month it was pulling out of the championship due to the global financial crises.

The Honda Formula One Team Chief Executive Nick Fry says they're developing their 2009 car in the hope of finding a buyer.

He says they have had a high level of interest in the team since the withdrawal was announced.

Honda's exit has left British driver Jenson Button, who had a contract with Honda for next season, facing an uncertain future.