History
During the 1992 season, Honda announced that they would end their engine supply programme that had existed since 1984. This was due to Honda's desire for a new challenge after dominating in Formula One, with Honda deciding to move to the CART championship in North America.
However, engineers at Honda decided to launch their own separate project by attempting to build a full Formula One car, something Honda had not done since the 1960s. Honda at the time encouraged engineers to create their own projects in an attempt to motivate and boost morale. Funds from Honda's motorsports budget were specifically put aside each year for engineers to be able to realistically create these projects. These projects were however not backed by Honda Motor Company, and the engineers actually had to work on their personal projects on their own time.
Read more about this topic: Honda RC100
Famous quotes containing the word history:
“No matter how vital experience might be while you lived it, no sooner was it ended and dead than it became as lifeless as the piles of dry dust in a school history book.”
—Ellen Glasgow (1874–1945)
“What you don’t understand is that it is possible to be an atheist, it is possible not to know if God exists or why He should, and yet to believe that man does not live in a state of nature but in history, and that history as we know it now began with Christ, it was founded by Him on the Gospels.”
—Boris Pasternak (1890–1960)
“When the history of guilt is written, parents who refuse their children money will be right up there in the Top Ten.”
—Erma Brombeck (20th century)