Toyota confirm F1 pull out!
By The Offsider
November 4 2009
As we had first revealed yesterday afternoon, Toyota is leaving F1. Now they have confirmed it.
We had already revealed yesterday HERE about the decision, so the announcement comes as no surprise. Toyota statement follows: 'Toyota Motor Corporation (TMC) announces it
plans to withdraw from the FIA Formula One World Championship (F1) at
the end of the 2009 season. 'TMC, which had viewed its
participation in F1 as contributing to the prosperity of automotive
culture, remained dedicated to competing at the pinnacle of motor
sports, even in the face of the abrupt economic changes that started
last year. However, when considering TMC's motor-sports activities next
year and beyond from a comprehensive midterm viewpoint reflecting the
current severe economic realities,TMC decided to withdraw from F1. 'TMC
leaves F1 having compiled 13 podium and 87 point finishes over eight
challenging seasons since 2002 with Panasonic Toyota Racing, a
full-constructor team. It views its time in F1 - in which teams put
forth their best efforts to fiercely compete at racings' highest level
- as an irreplaceable experience that provided an opportunity to
develop both human resources and its R&D operations. TMC expresses
its deepest appreciation to its F1 fans and others for their warm
support. 'TMC also wants to express its heartfelt gratitude to
all Panasonic Toyota Racing drivers to date and to all Toyota
Motorsport GmbH employees who have helped make the team's achievements
possible. TMC intends to do its best to find a solution for those
parties who will be affected by any inconvenience this decision may
cause. 'Drawing on its experience in F1 and other motor sports,
TMC intends to move forward in developing exciting production vehicles,
such as the Lexus 'LFA' supercar and compact rear-wheel-drive sports
cars. In motor sports, it will not only race in various categories, but
will also actively contribute to further development of motor sports by
supporting grassroots races and planning events in which it is easy for
people to participate.'
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It really signals that caps and technical experimentation expenditures will have to really be established and adhered to in order to survive it all.
Will we start to see the beginning of a watered down version of F1 in the near future ?
sessions
sessions
Edited 1 time(s). Last edit at 2009:11:04:16:52:18 by sessions.
Edited 1 time(s). Last edit at 2009:11:04:16:57:50 by Challenge.
It is sad to see a grown man weep.
Yarno and all the others are feeling the hurt also.
Sad.
sessions
Quote:Challenge
Bogs, they have started already. Look at Toyota CEO Yamashina during today's conference:
That is awesome!!!
Where is the live feed????
the video and especially the photo!
Racing against the machine!
Who's Hari Kari ceremony is next???
Everything seems to have gone quiet and I wondered if anyone had any information from contacts close to the team.
Williams and proud of it.
But no worries, it is extremely likely that Sauber will get the spot.
Quote:Bogs
Who's Hari Kari ceremony is next???
Someone from Renault...Briatore!
Well, actually it will be Britaore carrying the sword, the victim being Goshn, presumably.
Racing against the machine!
Edited 1 time(s). Last edit at 2009:11:09:20:30:31 by Raid Phoenix.
http://www.autotrader.co.uk/f1/story/0,,3213_5684169,00.html
Racing against the machine!
http://joesaward.wordpress.com/2009/11/12/a-shortcut-to-success-in-f1/
Racing against the machine!