Mr Slim with the Fat Pockets

Mexican billionaire Carlos Slim, the world's second richest man, has rescued the Honda Formula One team, Italian newspaper La Stampa reported on Saturday.

"The saviour has arrived: Carlos Slim, 67 years old, the second richest man in the world," said the newspaper.

"The news is not official as all the details have yet to be formalised. But two things are certain - the team has been saved and the drivers will be Jenson Button and rookie Bruno Senna in place of Rubens Barrichello."

Honda first competed in F1 in 1964 and clocked up three Grand Prix wins, including Jenson Button's in Hungary in 2006.

Honda Motor also supplied engines and other technical support to Formula One team Super Aguri, which called it quits due to financial problems in May.

Motorsport in Japan had been particularly hit by the recession with Subaru and Suzuki pulling out of the world rally championship.

Q.... Thank god for good Corporate Cannabalism.^^

One for All F1 for None

Honda is quiting F1.

A racing Dynasty has come to an end.

The all-new Honda City; too expensive for its own good.

Honda has announced that it was pulling out of Formula One due to the global financial crisis, raising further concerns over the notoriously expensive sport's future.

Honda Motor president Takeo Fukui made the announcement at an emotional press conference, repeatedly apologising to fans, staff, drivers and F1 authorities.

"Honda Motor Co. has come to the conclusion that we will withdraw from all Formula One activities, making 2008 the last season for participation," Fukui said.
"This difficult decision has been made in light of the quickly deteriorating operating environment facing the global auto industry, brought on by the subprime problem in the United States, the deepening credit crisis and the sudden contraction of the world economies,"

he added.

Honda has been involved with F1 since 1964 and has clocked up three wins, including Jenson Button's in Hungary in 2006. ~MSN news

See, what they should do ... is to stop over-paying their F1 Drivers.

Q ... Honda is synoymoous with F1 . End of an exciting Era.

Formula 1 to Fame

Singapore will Host one of the legs for the glamourous Formula 1 race. (F1 for short)

The

world famous Grand Prix that makes its rounds through several host cities around the world will finally make Singapore a city on the map for the fabulously speedy.

What's more, Singapore will host the world's first Night race a.k.a the

'First Ever Floodlit Race '

(Trust Singapore to do anything less different will be an understatement. Eyes Roll.)


I'm skeptical if it 'll be more fun at night. The sun does liven up the mood you know... Anyway, be sure to mark

September 28 2008

on your calender.

And if you want tickets, thats S$100 a piece of moonlight action.

>>>>
On a similar note, for the babes out there looking for fame, the RedBull F1 team is holding its annual search for its La Formula Una (that's F1 Girls for you) .

10 girls will be chosen for the Brazillian Leg and 10 others will siting in for the inaugural Singapore Leg.

(either have their own perks dounch ya think?)

So if you have Beauty, brains and personality (in which ever order you take a hint), log on and register in the next couple of weeks at :


http://www.redbullf1.com/formulauna/content.action#page=ApplyPage.r0815



These lucky girls will be there to add style and sunshine (how to for the Night Race in Singapore, beats me) to the F1 race.

These Una-s will expected to be poised and knowleagable Ambassadors to the F1 team.

And have a chance of a life time to mingle with the F1 stars and the world media.

So what are you babes waiting for ? ^^

The Formula 1 to FAME.

Surely.

Q