Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Motor racing-We are not lost, says Honda F1 head

Published 2017-06-10, 08:30 a/m
Updated 2017-06-10, 08:40 a/m
© Reuters.  Motor racing-We are not lost, says Honda F1 head

MONTREAL, June 10 (Reuters) - Honda has responded to criticism from Formula One partners McLaren by saying it was going in the right direction despite the team having failed to score a point so far this season.

"It is unfortunate I can't convince them we are going in the right direction. But I am confident we are not lost," Honda's Formula One chief Yusuke Hasegawa told motorsport.com at the Canadian Grand Prix.

"We still need some more time but we are doing the right thing. We are doing many things to speed up our development but I don't disclose what."

Former champions McLaren, the second most successful team in the sport in terms of race wins, are last in the championship and the only outfit yet to score after six races.

The British-based team's executive director Zak Brown told Reuters on Wednesday that the Japanese manufacturer seemed "a bit lost" and indicated the partnership was reaching break point. American's comments were widely reported and provided a major talking-point in the Montreal paddock.

"I was not surprised," said Hasegawa of Brown's comments. "It's no wonder he has complained and he is frustrated. I'm frustrated, I'm disappointed, the team is disappointed. This is a very difficult, tough situation."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.