Sauber has confirmed that its planned Formula 1 engine deal and technical partnership with Honda for 2018 has been canceled.
Sauber announced at the end of April that it had struck a deal to use Honda power units from 2018 as part of a new partnership with the Japanese manufacturer, brokered by then-CEO and team boss Monisha Kaltenborn.
Kaltenborn’s departure ahead of the Azerbaijan Grand Prix in June threw the deal into doubt amid a dispute with team chairman Pascal Picci, with the incoming Frederic Vasseur tasked with resolving the matter.
In a statement issued by Sauber on Thursday, it was confirmed that the deal with Honda had been canceled, the team adding that its new engine partner would be “announced shortly”.
“It is very unfortunate that we have to discontinue the planned collaboration with Honda at this stage,” Vasseur said.
“However, this decision has been made for strategic reasons, and with the best intent for the future of the Sauber F1 Team in mind.
“We would like to thank Honda for their collaboration, and wish them all the best for their future in Formula 1.”
Holmatro, a long-time partner of INDYCAR and title sponsor of the Holmatro Safety Team, have renewed a long-standing partnership that will see Holmatro and INDYCAR continue their partnership in a five-year contract extension.
“Holmatro has been a trusted partner and supplier in Indy car racing for more than 20 years,” said president of competition and operations Jay Frye. “Holmatro’s growth parallels some of the great strides made in safety for INDYCAR drivers and teams. We’re pleased to see this partnership continue, as it is a great benefit to everyone in the paddock.”
Holmatro’s relationship with INDYCAR dates back to 1991, when they first supplied tools to the safety team of the CART sanctioned PPG IndyCar World Series. Holmatro branding will continue to be featured on the firesuits, vehicles, and transporters of INDYCAR’s safety team throughout the agreement.
“Holmatro is extremely pleased to extend our partnership with INDYCAR for another five years,” said Tony Barboza, general manager for Holmatro. “We’re extremely proud to be affiliated with the premier on-track safety team in the world. Members of the safety team serve on their home fire departments when not at INDYCAR events and, like them, we believe in constant improvement and innovation. When the race is for life, you can count on the INDYCAR Safety Team and Holmatro rescue tools.”