From Turun Sanomat:
Honda's team will be sold to Brawn. The making of the deal was in the final stages on monday evening. The yet unnamed new team's first test will be driven on the 5th of March, either at Silverstone or Snetterton. Honda CEO Takeo Fukui's commentens on monday confirmed that the deal will be made with the former management.
Nick Fry will leave the team and move to work in a completely different sport. Brawn will have the power to shape the team as he sees fit with the money Honda has gotten from the FOM tv and advertising deals.
Brawn will cut down the the team's personel dramatically. From the 770 people (personel at the start of December) to 350. Button will continue at the team but his salary will be cut in half. Button won't be getting any compensations from Honda due to his old contract tangles with Williams.
Brawn will be responsible for coordinating the merging of the Brackley built car and Mercedes engine into a working racing unit.