Honda Motor Co. has signed an agreement with Aston Martin Racing Ltd. to supply the UK-based Formula 1 team with engines from 2026, returning to the world championship after leaving in 2021.
“Honda is a company that has a history of growing by taking on new challenges including winning world-class races,” Honda Chief Executive Officer Toshihiro Mibe said at a briefing at the Japanese automaker’s headquarters in Tokyo on Wednesday.
From 2026, new regulations require F1 teams to increase electrical power in engines by as much as 50% and use fully-sustainable ethanol as fuel.
Billionaire John Malone’s Liberty Media acquired F1 in a $4.4 billion deal in 2017 and has sought to cultivate a new generation of fans by extending the sport’s reach in Asia, the US and Middle East, and launching a direct-to-consumer streaming service and the popular Netflix series “Drive to Survive.”
