Toyota pulls out of Formula 1 to cut costs
By Associated Press
Wednesday, November 4, 2009 -
Wednesday, November 4, 2009 -
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ShareTOKYO — Toyota is pulling out of Formula One racing.
The world’s largest automaker announced today it needs to cut costs and focus on its core business.
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Sad to see both Japanese teams leave the sport. Would be nice to see the Toyota team continue on in some other guise like the guys from Honda managed to do. I think this spells the end for Truli\'s F1 career as well. I am sure Glock and Kobayashi will pick up drives for next year, both have great potential.
Now the dillema of what to do about 14 teams goes away!
Now the dillema of what to do about 14 teams goes away!
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Report AbuseThe real problem is the money grabbing whore Eckelstien in F1. He is too late to the party to try and cut costs to the investors. The days of holding the gun to the heads of tracks like Canada unless they pay up are over. The sport will not go away, but falter if it is just two competitive cars going round and round...
You are right, Eckleston and Mosley both have had a negative impact. Glad to see the end of Mosley and hopefully things will improve with Todt in there. Also hear that Renault is considering pulling out!
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#957379 - Nov 5, 2009 9:09 PM EST
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