The Sauber name remained, although largely as a sentiment, as BMW owned 80% of the team to Peter Sauber's 20%. Jordan became MF1 Racing, as Midland started afresh after a disappointing first season under the Jordan name. Late in the season, the team was bought by Spyker. Honda, who already owned a 45% stake in the BAR team, completed their takeover of the team and changed its name to Honda Racing F1 Team at the start of the season. 