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:
“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“There is a constant in the average American imagination and taste, for which the past must be preserved and celebrated in full-scale authentic copy; a philosophy of immortality as duplication. It dominates the relation with the self, with the past, not infrequently with the present, always with History and, even, with the European tradition.”
—Umberto Eco (b. 1932)
“America is, therefore the land of the future, where, in the ages that lie before us, the burden of the World’s history shall reveal itself. It is a land of desire for all those who are weary of the historical lumber-room of Old Europe.”
—Georg Wilhelm Friedrich Hegel (1770–1831)