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The announcement that Honda will pull out of the F1 circuit has fabricated the headlines in the past few days. There was some concern that other automakers will follow their steps, including BMW, simply Dr. Klaus Draeger, Chief of Development, took the fourth dimension to comment on this and reassure everyone that BMW is looking forrard to the new season and that the Formula I project will proceed.

"Information technology is with regret that we learnt of Honda's determination. It has no bearing on BMW's involvement in Formula I.

Our F1 involvement is an integral role of the company strategy. In that location is no improve platform than Formula One for demonstrating our make values. BMW, moreover, makes targeted use of the Formula One projection every bit a engineering science accelerator for series product.

With the BMW Sauber F1 Squad, nosotros accept from the start focused on high efficiency and have achieved our successes with a compact and powerful squad. The cost-benefit ratio is commensurately positive. The measures now proposed by FOTA for significant cost cuts starting equally early equally season 2009 are a further of import contribution."

Mercedes Benz has a similar stand. Norbert Haug, President of MB Motorsport, said the German language marque'southward interest with the McLaren effort is financially sound and subsidised past team sponsors, just said cost-cutting is of import.

"Over the next two years nosotros must accomplish cuts of at least 50 pct," he said.

In my opinion, despite the reassurances, which sometimes are just "the correct matter to say at the right moment", the BMW involvement in Formula I will be closely continued to visitor's financial situation in 2009. A continued pass up in sales and revenue, will definitely have an touch on sure departments inside BMW AG and the racing unit of measurement, might be just one of them.

[Source: BMWF1blog ]