Honda have confirmed that they will return to Formula One in 2015 as an engine partner to McLaren.
Honda last competed in Formula One back in 2008 when they owned the works team Honda Racing.
However, after a disappointing few years, the company withdrew, selling their Formula One team to Ross Brawn who went on to win the Championship double a year later.
The Japanese manufacturer, though, is now set to return, however, as an engine supplier rather than team owners.
It was announced on Thursday that the company would team up with McLaren, who they previously partnered in the late 1980s, winning World titles with Alain Prost and Ayrton Senna.
"It's fantastic news for everyone who loves Formula 1 to be able to welcome Honda back to Formula 1," said McLaren team boss Martin Whitmarsh. "Together, we're about to embark on a new and extremely exciting chapter in McLaren's history.
"Like McLaren, Honda is a company with motor racing woven into the fabric of its heritage. We're proud and thrilled to be joining forces once more to take on the world in Formula 1.
"Whilst both companies are fully aware that we're embarking on a very demanding journey together, we're hugely committed to the success of the partnership, and we'll spend the next 18 months working together to ensure that we're fully established and competitive ahead of our first grand prix together in 2015.
"The names of McLaren and Honda are synonymous with success in Formula 1, and, for everyone who works for both companies, the weight of our past achievements together lies heavily on our shoulders.
"But it's a mark of the ambition and resolve we both share that we want once again to take McLaren-Honda to the very pinnacle of Formula 1 success. Together we have a great legacy - and we're utterly committed to maintaining it."
Honda will supply the Woking-based outfit with 1.6-litre turbocharged V6 engines from 2015 onwards.
The announcement means next season will be McLaren's last with Mercedes, who they have partnered since 1995.