Formula One boss Bernie Ecclestone says Honda's withdrawal from the sport provides a "wake-up call" to overspending teams.
Ecclestone has spent much of the year campaigning with FIA president Max Mosley to get teams to reduce their costs, principally by agreeing to a standardised engine.
Ecclestone told Sky News television on Friday: "This is a wake-up call. Max and myself have been campaigning for quite a long time to reduce the vast amount of money spent to be competitive."
Ecclestone says fans don't care how many cylinders the car has or the capacity of the engine — they just want entertainment on the track.
Honda announced in Tokyo that it was pulling out due to the slowdown in the global economy.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies