Honda Racing Corporation (HRC) Establishes A New Formula One Base In The UK
Honda Racing Corporation has established a new subsidiary, Honda Racing Corporation UK Ltd. (HRC UK) in the UK.
Outline of new company
Name: Honda Racing Corporation UK Ltd. (HRC UK)
Location: UK
President: Koji Watanabe
Director: Ian Howells, concurrently Executive Vice President, Honda Motor Europe
Business: Maintenance and logistic operation of F1 PUs as well as F1 PR
Date of register: February 28, 2024
Capital Investment: 100% subsidiary of Honda Racing Corporation
Publicity materials relating to this press release are available here:
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Editors’ Notes:
This year, Honda is celebrating its 60th anniversary of its first F1 participation. The company is currently providing technical support and marketing cooperation as a team partner to Oracle Red Bull Racing as well as VISA Cash App RB Formula One Team. As part of this technical support, HRC manufactures and supplies PUs along with support for PU operation throughout the season to Red Bull Powertrains (RBPT*). This partnership will continue until the 2025 season.
*RBPT is a Red Bull group company responsible for F1 PU building. They are in charge of production and operation of ESS (Energy Storage System) for current F1 PU.
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