We aren't much for cutting and pasting press releases and calling it content, but this does pretty much sum it all up nicely.
Honda Press Release
Honda Racing Announcement
HEAD: Honda Racing announcement
For immediate release:
Torrance, CA: During the 2009 AMA/DMG Road Racing series, American Honda
Motor Company, Inc. contracted team personnel, including team Honda rider
Neil Hodgson, to the Corona Extra Honda race team.
Corona Extra Honda race team participated in this series with our
award-winning 2009 CBR1000RR in the AMA Superbike class, unfortunately
participation in this series did not meet our racing goals and objectives.
Regrettably the current AMA/DMG racing environment does not align with our
company goals. Effective today 9/18/09, AHM will not be renewing contracts
with Corona Extra Racing and will be terminating the on-site Road Race
operations by 9/30/09. All assets will be put into storage for future
consideration. Team staff was informed of these changes today at 1:00PM