The December 5 online version of the L.A. Times daily newspaper carried a story on Honda’s recent announcement that it plans to withdraw from Formula One car racing. Responding to a request for comment from the L.A. Times, American Honda issued a statement that read, in part: “Honda’s U.S.-based motor sports activities are expected to continue in 2009. Racing has played an essential role in Honda’s history as a company, and the competition that racing provides has always been a cornerstone of Honda’s corporate values. We race to learn, and we race to win. We plan to continue both of those traditions in 2009 and beyond.” Read the full story here: ~http://latimesblogs.latimes.com/sports_blog/2008/12/honda-drops-for.html~