Friday, March 19, 2010

Toyota Confirms F1 Departure

November 4, 2009 by mark h  
Filed under Parc Fermé, Prime & Option, Top Story

Japan’s last F1 team has left the sport. As of now. Toyota has pulled out of Formula 1 with immediate effect. The world’s largest carmaker blamed the recession and faltering car market for its decision.
Toyota Motor Corporation (TMC) announces it plans to withdraw from the FIA Formula 1 world championship at the end of the [...]

Thank you Panasonic!

March 14, 2009 by Negative Camber  
Filed under Prime & Option

Toyota F1 boss Tadashi Yamashina says they were close to pulling the plug on Toyota F1. Apparently the board of directors were not as excited about the Toyota F1 program as Yamashina and Toyota’s struggles were not helping his case any. Arguing with the board that Toyota must stay in F1 and the [...]