Honda CEO Takanobu Ito has insisted that he has “no regrets” about withdrawing from Formula One, despite seeing Brawn GP run away with both the constructors and drivers’ championships last weekend.
The Japanese manufacturer took evasive action in December, pulling out of the sport as the worldwide financial crisis bit hard, and it was forced to consider temporary closures at its UK car plant.
But when Ross Brawn came forward to take the reins at the trouble hit team, renaming it Brawn GP, Honda injected enough funding to get them onto the grid for the start of their historic 2009 season.
Despite missing out on world championship glory by a matter of months after two largely fruitless seasons in the sport, Ito insists there are no hard feelings.
"[I have] no regrets," he said. "After our withdrawal, we've seen our team doing extremely well. The reason why I say this is because of all the efforts we put into the team prior to our withdrawal that led to this result.
"Usually when we decide to withdraw our team from Formula 1 racing, there are fights and anguishes and fortunately the team has succeeded.