Honda to leave Formula One next year to focus on zero-emissions engines

Honda, which operates as an engine supplier and not a constructor, currently makes power units for Red Bull Racing and its junior team AlphaTauri (nee Toro Rosso).

The company, which returned to F1 in 2015 following its previous exit as a constructor in 2008, said the automotive industry is in the middle of "a once-in-one-hundred-years period of great transformation."

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Per current FIA regulations, the company with the fewest customers -- Renault -- is on deck to supply teams in need of a power unit.

"Whilst we are disappointed not to continue our partnership with Honda," Red Bull team principal Christian Horner said in a statement, "we are enormously proud of our joint success, delivering five wins and 15 podiums for both Red Bull owned teams and we thank everyone at Honda for their extraordinary efforts and commitment."

The Japanese automaker made a rocky reentry into the motorsport after first supplying McLaren with engines.

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