TOKYO (Nikkei)--Honda Motor Co. announced Thursday that it will supply F1 engines to the U.K.'s Jordan Grand Prix Ltd. racing team, a participant in the world's premier Formula One auto race, starting in the 2001 season.

Jordan Grand Prix has been receiving engines from Mugen -- a venture headed by Hirotoshi Honda, son of Honda Motor founder Soichiro Honda -- with technical support from the automaker's engineers. But the contract is set to run out within the year, and Jordan Grand Prix said it would prefer to have the engines supplied directly by Honda Motor.

Under the new agreement, Honda Motor will supply Jordan Grand Prix with 3-liter, 10-cylinder engines.

(The Nihon Keizai Shimbun Friday morning edition)