This is F1Minute for the 25th February 2009.

RBS have become the next bank to announce their reduction of sponsorship deals, saying they have been reviewing their activities since October. This will affect Williams. The partnership began in 2005, but will finish after the contract expires at the end of 2010. Frank Williams isn’t letting the news get him down, saying: "We are in a strong position to ride out the inevitable challenges of the next two years."

Meanwhile, Autosport is reporting that Honda are getting ready to send their cars for a test, even though there is still no word on whether the team are being bought or not. Apparently, the team may do some straight line testing in the UK, before hopefully heading to the Jerez test, but if not then most likely at the final few days in Barcelona. Other rumours include that the most likely option is the management buyout but with Brawn at the helm and no sign of Nick Fry. Take all the above with a pinch of salt, please.

That’s it for today, please join me tomorrow for more from F1Minute.