Former Honda CEO Nick Fry was at the FOTA press conference this morning and after FOTA president Luca di Montezemolo confirmed that the team had been saved, he felt obliged to confirm this and to say that it would not have happened without FOTA support.
“Our team has been and will benefit from FOTA, first in cost reductions and help for the next three years and also from the level of support over the last three months from the all the teams.
“On the day Honda announced that they were pulling out we had support from Luca di Montezemolo and from Ron Dennis and everyone up here (the team principals on the stage) has helped us to preserve the team. I and the 700 employees thank them for that.”
Interesting that he should choose to mention the 700 employees as surely that number will be reduced by at least half as the team faces a new life as an independent operation?
Fry said that the announcement of the team’s salvation would come out ‘very soon’. Ross Brawn was not at the press conference today.
Fry refused to say any more.