Well according to the various media reports over the last 5 months, they probably did. I'm not some sort of pit-wall insider, nor do I know Michael Shumacher. I'm just regurgitating what I've been reading in this case.
You need to remember that Honda are the richest manufacturer competing in F1. We don't know exact spending trends by teams, but if Honda wanted to, they could spend more money than other teams without batting an eyelid. Unfortunately they decided despite their wealth, their profit margins are more important than running in Formula 1.


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