

Amidst a troubled global economy, Honda is actively scaling back its operations, and its performance programs are sadly bearing the brunt. After canceling its participation in Formula One and the AMA motorbike road racing series, the Japanese automaker has reportedly announced that it is nixing development of the next-generation NSX supercar. The unfortunate news will undoubtedly come as a stunning disappointment for the loyal legions of Honda/Acura sportscar fans. The new NSX, which looked to be nearing the end of its development on the road to production, was slated to be the most powerful car ever made by Honda, driven by an anticipated 560-horsepower V10.
According to Autocar, the goal-line audible came from none other than Takeo Fukui, Honda's CEO, who dropped the bombshell as part of a end-of-year speech to the troops. The news also means that Honda is suspending plans to finally bring the Acura nameplate to Japan, and it also calls into doubt the fate of the V10 engine itself, as well as any long-rumored V8 powertrains. Honda hasn't ruled out the possibility of picking up where it left off once business is back in order, but in the meantime the original NSX, which ceased production in 2005 after fifteen years on the market, will have to remain without an heir.

Rally fans who were troubled by the rumors yesterday that Subaru was preparing to do the unthinkable and scrap its WRC team will be disappointed to learn that the speculation has proven to be true, as parent company Fuji Heavy Industries has announced it is pulling its participation effective immediately.
Not unlike its fellow Japanese automaker Honda, which has canceled its Formula One program, Fuji Heavy points to cost-cutting measures amidst the current global economic crisis as its reason for canceling its motorsport program. Still, it's a shocking move for the automaker that earned its reputation on the rally circuit, even if they haven't won a single stage since 2005. The move also means that Prodrive, the racing consultancy firm that has operated the Subaru WRC team for over 20 years, will need to find a new partner for next season and beyond as the WRC moves ahead with new regulations. But Prodrive may find the rally circuit a lonely place after Suzuki also canceled its participation, leaving Ford and Citroen as the only manufacturers fielding factory teams in the top level of rallying.




The French are getting screwed out of their Formula One fix. A little over a week after French Canadians began mourning the Canadian Grand Prix's cancellation from the 2009 F1 calendar, word comes that the French Grand Prix has also been nixed. The GP's promoter, the Federation du Sport Automobile (FFSA), announced the race's cancellation yesterday and blamed it on finances, though we find it hard to believe that even an F1 race in Europe can't make money in these tough economic times. With the race at Circut de Nevers Magny-Cours scrapped, the 2009 F1 calendar has now been whittled down to just 17 races. The French GP began in 1906, and has run continuously since 1950 except for 1955 when it was cancelled after a horrible accident at the 24 Hours of Le Mans. This year's cancellation is not expected to be permanent, however, as the FFSA loses its promotion rights in 2010, and F1 chief Bernie Ecclestone has expressed his wish to see it moved from the Magny-Cours track, where it's been held since 1991, to somewhere closer to Paris.



