Thursday, May 17, 2012
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Honda says it is considering scaling back most of its motorcycle racing as a cost-cutting measure but stresses there are no plans to withdraw from MotoGP.

The move would affect motocross, motorcycle trials and other forms of off-road racing and is expected to save the company $33-million US.

"We have not formally decided yet but we have been looking into the option of pulling out," Honda's Akemi Ando tells the Reuters news agency.

"It is something we have been thinking about for a while since we pulled out of Formula One."

Honda has said it will not have a works team in the upcoming Suzuka Eight-Hour World Endurance Race in July but it will continue to supply bikes and technical support to other teams in the event.

Honda announced late last year it was selling its F1 operation, due in part to the worldwide economic crisis which has hit the automotive industry.

Unlike it's F1 operation, Honda have been a force in motorcycle racing, having won 14 premier class world titles, most recently with Nicky Hayden in 2006.

 

Source : http://www.tsn.ca/auto_racing/story/?id=264363&lid=headline&lpos=secStory_auto_racing

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