Milwaukee Power Tools has backpedalled over its claim that Honda influenced the implementation of new regulations affecting the use of electronics systems at the Isle of Man TT.

In a press release issued on behalf of the company - which backs Shaun Muir's British Superbike and international road racing team - on January 5, it was claimed that Honda had proposed the rule changes.

However, in another development on Monday night, Milwaukee Power Tools issued a further statement withdrawing the claim, which it accepted had been 'incorrect'.

Related Articles

The statement read: "It has been drawn to our attention by Honda that a paragraph in a press release on January 5, 2014 concerning changes to the TT rules for 2014 - which have led to Milwaukee withdrawing its support for the SMR Milwaukee Yamaha Team at TT 2014 - incorrectly stated that those changes were proposed by Honda.

"Honda has asked us to point out that the ACU consulted all manufacturers about the rule changes for the 2015 TT. Whilst not all manufacturers were in agreement with the rule changes, Honda took proactive steps to suggest a way to mitigate the significant rule changes being introduced by the ACU by suggesting limited engine changes for 2014.

"We therefore regret any interpretation that suggested Honda proposed rule changes by which it would gain any competitive advantage."

Milwaukee has withdrawn its support of SMR and the team's riders Ian Hutchinson and Josh Brookes for the TT as a result of the new regulations, which restricts teams to kit electronics systems or a Motec ECU.

It remains unclear if Hutchinson - who won on his latest comeback at the Macau Grand Prix in November - and Brookes will compete at the TT in June, although both will line up on the Milwaukee Yamaha machines at the North West 200 in May.