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After months of speculation, Honda team sources have finally confirmed that the outfit will remain in Formula One this year following a management buyout.

The Japanese manufacturer announced its withdrawal from the sport in December, with the squad having since been centre of attention regarding new ownership.

Sources close to the team have confirmed to The Times that the final plans of an intense buyout are now going through, with team principal Ross Brawn leading the organisation. The 'new' Honda will be funded by a combination of sponsors and F1 commercial rights holder Bernie Ecclestone, as well as the manufacturer itself for 2009.

The car will be powered with a Mercedes-Benz engine, following a customer deal with McLaren, and England's Jenson Button at the wheel. A new name for the team is yet to be annouced, as well as news on Button's team-mate. Heated speculation surrounds Bruno Senna, nephew of three-times World Champion Ayrton, who is the most likely candidate for the drive followed by compatriot Rubens Barrichello.

A shakedown of the new car is due to take place next week at Silverstone.
 

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So yeah, what part of the car is going to be Honda? Sounds like a Merc-McLaren to me????

Maybe they mean the former Honda team all found new jobs?
 

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Interesting news. Thanks for posting.
 

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fascinating, post a link please. Bruno Senna, yes! that would be cool!
 

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Welcome back Honda

Got this from another site. Welcome back Honda!!!
 

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