Toyota withdraws from Formula 1

[Neil Gault]

Toyota has confirmed that it is pulling out of Formula 1 racing after posting its worst ever financial loss.

http://news.bbc.co.uk/sport1/hi/motorsport/formula_one/8341602.stm

 

[Ryan Callan]

:O

Didn't see that, thought they'd stick it out. Very little Japanese motorsport participation now as the article says and it looks like Qadbak/Sauber are back in for 2010.

 

[Matthew Parr]

:O Wow I didn't see that coming!!! Thats a really big shame! they were just starting to make an impact and Kobyashi is left without a drive that he deserves!!

 

[Ben Tusting]

I hope kamui kobayashi get's a drive at another team now.

 

[Stuart Thomson]

+1

He's certainly lively enough to warrant someone giving him a chance.

 

[Ben Tusting]

Probably one of the newcomers, there's vacant seat at BMW and Mclaren i believe but i can't see them hiring him

 

[Xosé Estrada]

Poor Koba he did great

A cheaper F1 with less dependence on manufacturers looks as the way to go for me, they only want inmediate resutls... Renault next one?

 

[Matthew Gutteridge]

Koboyashi and Hamilton at McLaren?

 

[Richard Kay]

I don't think Toyota or even Honda left F1 because they hadn't got immediate results. For the Japanese it's the whole honour thing that permeates the Japanese culture. Toyota, like Honda before it, could not been seen to be spending money on F1 whilst reporting big financial losses, they can't tolerate the loss of "face".

BMW was probably more to do with less than ideal results underlined by less than comfortable financial reports and low investor confidence.

 

[Omer Said]

At least they don't do Harakiri :shock:

 

[Damian Henderson]

It's all about the money.

Sauber will likely take their place.

 

[Ben Tusting]

Poor Koba he did great

A cheaper F1 with less dependence on manufacturers looks as the way to go for me, they only want inmediate resutls... Renault next one?

http://forum.racedepartment.com/mot...ault-considers-formula-1-exit.html#post431606