HONDA Motor Co. recently announced that it would be participating in Formula One beginning 2015 under a joint project with McLaren. Honda will be in charge of the development, manufacture and supply of the car’s engine and energy recovery system while McLaren will work on the chassis, as well as managing the new team called McLaren Honda.

This marks Honda’s fourth comeback to the sport, following its foray into it from 1964 to 1968. The carmaker returned from 1983 to 1992 to supply engines to top teams like Tyrell, Lotus, Williams and McLaren, and from 1988 to 1991 won four consecutive world constructors’ and driver’s titles. In 2000 Honda entered F1 again as an engine supplier before turning into an all-Honda team. It bowed out at the end of the 2008 season.

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