Honda has committed to staying in Formula 1 until at least the 2021 season after extending its deal with Red Bull by one more year.
As reported by Autosport earlier this week, Honda must cut its spending in order to secure the long-term future of its F1 programme.
Honda’s longer-term commitment to F1 has still not been clarified but it has confirmed it will continue to partner with Red Bull and the energy drinks company’s junior team Toro Rosso in 2021.
“Not much more” Honda can do to secure its Formula 1 future
