Amazing day today. Been flat out writing about the Honda withdrawal and where it leaves F1. Took part in the Max Mosley teleconference this afternoon and spoke to many figures within the sport. The main points I’ve come across are these:
Honda is very serious about selling the team but it will be a streamlined outfit they sell, with no more than 200 employees ( current figure is over 650) and capable of running on £40-50 million per year (current figure more like three times that)
There is no engine supply in the package because next year F1 moves to three race engines and Honda doesn’t have enough of these ready yet, so it is likely to be a customer supply of Ferraris and the car will have to be re-optimised around this, which will take a bit of work.