Honda Racing becomes Brawn GP

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

The deal secures the future of British driver Jenson Button, who has been confirmed at the team alongside veteran Brazilian Rubens Barrichello, who saw off the challenge of compatriot Bruno Senna for the second seat.

Brawn GP has agreed a deal with Mercedes for a supply of engines in the 2009 F1 season, which gets under way in Australia on March 29.

The future of the Brackley-based outfit had been up in the air since early December when Honda confirmed they were ending their involvement in F1 due to the global economic downturn.

Friday's management buyout secures the jobs of hundreds of staff at the team's Northamptonshire headquarters, and Brawn admitted the agreement has brought an end to a difficult period of negotiations.

"The past few months have been extremely challenging for the team but the announcement is a very pleasing conclusion to the strenuous efforts that have been made to secure its future," said Brawn

"Firstly, it is a great shame that having worked with Honda Motor Company for so long we can no longer continue together.

"I would like to thank Honda for the fantastic co-operation and support we have received throughout this process - particularly those members of the senior management who were closely involved with concluding our agreement - and for the faith they have demonstrated in myself and our team.

"I would also like to take this opportunity to pay due credit to our staff at Brackley. The levels of motivation and commitment that I have witnessed at the factory deserve the highest praise."

Brawn GP will attend the remaining pre-season F1 tests, in Barcelona starting March 9 and Jerez starting March 15, before jetting off for the season-opener in Melbourne at the end of the month.