Toyota exits F1

*Mindz* · 11-05-2009, 02:48 AM

Quote:

Toyota has confirmed that they are to leave Formula One with immediate effect. With a team based in Cologne, Germany, the Japanese car maker entered the sport at the beginning of 2002, but in eight seasons and 139 starts failed to win a race.

Amid the slump in new car sales, the carmaker has forecast a multi-billion yen loss for the current financial year. Toyota's Japanese peer Honda pulled out of F1 at the end of last year, and the Japanese tyre supplier Bridgestone will leave the sport at the end of its contract in 2010.

“Toyota Motor Corporation, 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,” read a statement.

“However, when considering TMC's motorsports activities next year and beyond from a comprehensive midterm viewpoint reflecting the current severe economic realities, TMC decided to withdraw from F1.

“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.”

E.A. © CAPSIS International
Source: GMM

Looks like Toyota's in pretty bad shape. Bridgestone and Honda are leaving/have left already. Japan's automakers are in a huge slump nowadays.

*Mr. Wyndham* · 11-05-2009, 06:41 AM

I feel bad....oh, wait -- I don't. Ha!

Tomash · 11-05-2009, 08:35 AM

I'd guess that sudden acceleration in pit-stop can be a serious cockblocker

coolman · 11-05-2009, 10:43 AM

Now , if only they would leave the usa.

comiskeybum · 11-05-2009, 10:44 AM

toyota sucks

Xanthos · 11-05-2009, 10:51 AM

Quote:

Originally Posted by Tomash

I'd guess that sudden acceleration in pit-stop can be a serious cockblocker

I wonder when they're going to get out of Nascar?
- X

coolman · 11-05-2009, 10:57 AM

Quote:

Originally Posted by Xanthos

I wonder when they're going to get out of Nascar?
- X

I hope tomorrow.

coolman · 11-05-2009, 11:00 AM

Tony Stewart hated toyota so bad that he went and started his own team to get away from them. I have new respect for that man.

diddiyo · 11-05-2009, 11:01 AM

I hope the whole F1 goes down the crapper. I used to love it back in the 90's and early 2000's. I slowly lost interest and haven't watched it for like five years now. I watched a race earlier this year and couldn't believe how shitty it was. Just look at the cars nowadays. urgh.

MCPOAJ · 11-05-2009, 11:07 AM

Yen... lol

JoeP@TeamBeckyD · 11-05-2009, 11:18 AM

Quote:

Originally Posted by Dragoneye

I feel bad....oh, wait -- I don't. Ha!

Now if they would get out of Nascar.............

coolman · 11-05-2009, 11:20 AM

Quote:

Originally Posted by BeckyD@RodgersChevrolet

Now if they would get out of Nascar.............

Why stop at nascar when the country would be even better.

Captain Awesome · 11-05-2009, 11:34 AM

Quote:

Originally Posted by coolman

Tony Stewart hated toyota so bad that he went and started his own team to get away from them. I have new respect for that man.

Did anyone else notice that when he was being forced to represent Toyota that he was super fat and never shaved or cut his hair?

I too respect him for sticking with his brand and not selling out.

diddiyo · 11-05-2009, 11:36 AM

Quote:

Originally Posted by coolman

Why stop at nascar when the country would be even better.

take nascar with them.

11-05-2009, 06:41 AM	#2
Mr. Wyndham I used to be Dragoneye... Drives: 2018 ZL1 1LE Join Date: Jan 2007 Location: Buffalo, NY Posts: 31,873 View My Garage	I feel bad....oh, wait -- I don't. Ha! __________________ *"Keep the faith."* - Fbodfather

11-05-2009, 08:35 AM	#3
Tomash Drives: (black 2SS Camaro), Suzuki SX4 Join Date: Jun 2008 Location: Poland Posts: 205	I'd guess that sudden acceleration in pit-stop can be a serious cockblocker __________________ http://tomash.soup.io/ -- lots of awesomely funny stuff from all over the internets http://tomash.wrug.eu/ -- personal homepage & techblog

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11-05-2009, 10:43 AM	#4
coolman Guest Join Date: Jun 2009 Location: PA Posts: 4,812	Now , if only they would leave the usa.

11-05-2009, 10:44 AM	#5
comiskeybum Banned Drives: 2010 Chevy Equinox LS Join Date: Aug 2007 Location: South Bend, Indiana Posts: 799	toyota sucks

11-05-2009, 11:00 AM	#8
coolman Guest Join Date: Jun 2009 Location: PA Posts: 4,812	Tony Stewart hated toyota so bad that he went and started his own team to get away from them. I have new respect for that man.

11-05-2009, 11:01 AM	#9
diddiyo Drives: . Join Date: May 2008 Location: . Posts: 3,048	I hope the whole F1 goes down the crapper. I used to love it back in the 90's and early 2000's. I slowly lost interest and haven't watched it for like five years now. I watched a race earlier this year and couldn't believe how shitty it was. Just look at the cars nowadays. urgh.

11-05-2009, 11:07 AM	#10
MCPOAJ Drives: LS2 FD RX7 Join Date: Feb 2008 Location: NE. Posts: 664	Yen... lol