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:
“Those who weep for the happy periods which they encounter in history acknowledge what they want; not the alleviation but the silencing of misery.”
—Albert Camus (1913–1960)
“It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every man’s judgement.”
—Francis Bacon (1561–1626)
“The history of all countries shows that the working class exclusively by its own effort is able to develop only trade-union consciousness.”
—Vladimir Ilyich Lenin (1870–1924)