From GMM

According to rising speculation and reports, the Formula 1 team currently known as Honda has secured its future and is preparing for the season opening Australian grand prix.

The whispers indicate that team boss Ross Brawn is briefing his colleagues at the Brackley headquarters to the effect that a solution is in place for the 2009 season.

The details of the rumour are that Mercedes-Benz will power the newly independent team, and that Jenson Button's teammate will be the Brazilian rookie Bruno Senna (photo), backed by key sponsors.

The Guardian on Friday agreed with the ongoing speculation. Citing sources "close to the" team, the British newspaper said the secured $30m funds, in part thanks to Brazilian sponsors backing Senna, may get Honda to only Australia, Malaysia, China and Bahrain.

Should the speculation be correct, the 40-day timescale to scrutineering in Melbourne indicates that an announcement about Honda's plans - and a name-change - must be imminent.


Photo Credit : GP2