Attempting to cut costs, Japan's No. 2 carmaker axes racing program
                                
                                
                                    (Newser) -
                                    Honda, facing economic drag as the financial crisis sharply curtails demand for automobiles, is withdrawing from Formula 1 racing, at least until global markets turn the corner, the Guardian reports. Honda's CEO once pledged to spend “a trillion yen” to secure an F1 title, but shareholders have pressured the...