British formula one team Williams has rubbished reports it could be in danger of joining Honda in walking away from the sport.

British formula one team Williams has rubbished reports it could be in danger of joining Honda in walking away from the sport.

In the wake of Honda's shock departure amid the global financial crisis, many teams hastily issued statements insisting they remain committed to F1.

Grove based Williams, however, an independent team that has failed to add to its tally of nine constructors' and seven drivers' titles since losing carmaker support, did not immediately pledge its commitment, sparking speculation about its future.

"We are unequivocally committed to F1," a team spokesman told the BBC.

"Unlike many of our competitors who are owned by carmakers, for us the consideration to stay involved is superfluous, as we only exist to race," he added.

Despite the global situation, the spokesman said it is possible Williams, which uses Toyota engines, will be "better funded" next year than it was in 2008, when it finished the constructors' championship ahead of Honda in eighth place.