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October 7, 2020

Honda Remains Committed to Indycar Despite F1 Exit

Despite their shock announcement of a departure from Formula 1, Honda remains committed to the pinnacle of open-wheel racing in North America. The Japanese manufacturer has confirmed that they are developing a brand-new engine for the start of the 2023 Indycar Series.

Honda Performance Development (HPD), Honda’s North American motorsports arm says they are readying a new 2.4-liter twin-turbocharged V6 hybrid power unit to comply with the new series regulations. The new engine will produce more than 900 horsepower.

The hybrid formula is part of a multi-year extension Indycar has reached with Honda and Chevrolet, the two engine suppliers in the series, which promises a continuation of manufacturer competition. The commitment also provides opportunities for additional manufacturers to join the series, which Honda strongly supports.

The Indycar announcement aligns Honda’s North American racing programs with the company’s product development activities. Globally, Honda expects two-thirds of its new vehicles sales to be electrified by 2030.

Racing is ingrained in Honda’s culture and supports the company’s challenging spirit. A racer himself, company founder Soichiro Honda believed in competition—at the highest levels—as a means of improving Honda’s people and products. In North America, American Honda and Honda Performance Development have been leaders in Indy car racing since the formation of HPD in 1993.

Honda and HPD entered Indy car competition in 1994, winning its first manufacturers’ and drivers’ championships in 1996. No other manufacturer has matched Honda’s success in Indy car, which includes 252 victories from 457 races, 16 drivers’ titles, eight manufacturers’ championships and 13 Indianapolis 500 victories.

In 2020, Takuma Sato recorded Honda’s 13th Indianapolis 500 victory; Scott Dixon has posted four race wins and is the current 2020 Indycar Series points leader; and Honda leads the Manufacturers’ Championship with seven wins from 11 races this season.

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