Former Honda F1 team has 10 days for survival plan 

Written by Nick on February 15th, 2009 at 8:01 pmLast Update: February 15th, 2009 at 8:03 pm

Former Honda Racing F1 TeamIt was rumoured last week that former Honda F1 Team, would have ten days to plan its survival and that Ross Brown would be currently working to outline the new team’s structure for the 2009 season, while Jenson Button and Bruno Senna were suggested as the probable driver duo.

According to British newspaper The Guardian, the team could get founds for the first four Grand Prix – Australia, Malaysia, China and Bahrain – but the manufacturer that would supply the engines, Mercedes-Benz, wants to be sure to collect the requested 8m euros. The newspaper also reports that the German manufacturer wants to be sure that the new team ‘will not have sponsors or a new team identity which in any way compromise the Mercedes brand‘.

It was also rumoured that F1 supremo Bernie Ecclestone could help the new team by providing an advanced commercial revenue, a loan, or an actual investment but the Briton has admitted that the European Commission could block such operation. “I’d rather not comment on that,  but we will do whatever we have to do to try to make it happen,” he told The Times.

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