
Honda’s 70-year-loss won’t derail its Formula 1 push, but signals strategic shifts
Honda posted a 423 billion yen ($2.68bn) annual loss—the worst since its 1957 listing—driven by EV investments, but the company says the figures won’t affect Honda Racing Corporation or its F1 program. Honda is pausing an $11bn Canada EV/battery venture and softening earlier EV-share targets while F1 engine talks consider a future with a more prominent internal-combustion element, including a potential V8 powered by sustainable fuels by around 2031.













