"Honda will be no great loss," the president and chief executive of Formula One Management told The Telegraph. "Just look at where they finished in the championship – ninth. They wasted millions and were a bad example to other teams.
"Now they've gone, we've got a chance to bring in some sense to the teams about how much they should spend," Ecclestone continued. "I'm keen for the team to be kept in place. We have whittled it down to three serious potential buyers."
The team concentrated resources on the forthcoming season, explaining a particularly poor 2008, although nobody will hide from the fact that the RA108 was a pretty poor car to start with. The best information available to Honda suggested the new car for 2009 would be a potential race winner.
The team is now up for sale, with a number of buyers expressing interest. The front runner appears to be a Middle East consortium who will contract out running the team to Prodrive, potentially seeing the return of David Richards and undoubtedly the exit of Nick Fry. British race team Carlin Motorsport have also been in contact with the Brackley team.
Honda's share price has dropped from ¥3,610 (£27/€30/$40) three months ago to around ¥2,000 (£15/€17/$22) today. It dropped a further 12% overnight following the US Senate rejection of the big three US car manufacturers $14 billion (£9.4b/€10.5b) bail out.
"In Formula One, teams come and go," added Bernie. "It's not the end of the world. Only Ferrari has been there since the start."
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