JordanMugen wrote: ↑
Thu Jun 01, 2023 7:39 pm
Pat Pending wrote: ↑
Wed May 31, 2023 3:50 pm
PlatinumZealot wrote: ↑
Sun May 28, 2023 11:51 am
You know, this news has soaked in a bit and I'm really perplexed by these two companies joining forces! As auto manufacturers they are totally different in their cars types, their style their engines and many other things... Such a weird combination.
There is no tie up between Honda and Aston Martin. The tie up is between Honda and the F1 team currently (co)sponsored by Aston Martin.
True, but many are quick to point out that company name is Aston Martin Racing Limited and not
Racing Point Limited any more. It's a 10 year arrangement with Aston Martin so there seems little opportunity for Honda Racing to replace Aston Martin Racing as the team naming rights sponsor, unfortunately.
Same as the Mclaren Group vs Mclaren Racing Limited vs Mclaren Automotive, and there are other subsidiaries current and defunct as part of all of those.
I think everyone working in the corporate world knows they structure everything independent of each other (for profit and to manage corporate risk, funding reasons, plus tax advantages), and the corporate mothership owns various percentages of their subsidiaries.
Everyone needs to look at the race team as an entirely separate entity from the road side / branding.