ROCHESTER, MI – Honda’s renewed association with Formula 1 racing is “more financially responsible” than previously, a top U.S. official tells WardsAuto. Honda pulled out of F1 in 2008 during the global economic downturn, but Honda President Takanobu Ito announced last month the auto maker would return to the series, albeit indirectly as an engine supplier to McLaren. Mike Accavitti, senior vice president-automobile operations for American Honda, says the new ...

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