Day Posted November 4, 2009 Share Posted November 4, 2009 Toyota have confirmed they are to follow BMW and Honda in pulling out of Formula One. The Toyota Motor Company made an official announcement on Wednesday, having come to the decision at an extraordinary meeting on Tuesday. And Toyota president Akio Toyoda admitted the company wanted to focus on its core business following a bad set of financial results. "Based on the current economic environment, we realise we have no choice but to withdraw from Formula One," Toyoda said at a news conference. "This was a difficult but ultimately unavoidable decision. "Since last year with the worsening economic climate, we have been struggling with the question of whether to continue in F1."We are pulling out of Formula One completely. I offer my deepest apologies to Toyota's many fans for not being able to achieve the results we had targeted." Toyota, though, are believed to be looking at a buyer for the Cologne-based F1 team. Although Toyota have failed to win a race in 139 attempts since their debut in 2002, they have picked up three pole positions and a number of podium finishes. The 2009 line-up of Jarno Trulli, Timo Glock and Kamui Kobayashi finished the season up in fifth in the Constructors' Championship - however it has not been enough to convince Toyota to stay in the sport. Toyota were the remaining Japanese automaker competing in F1 following Honda's decision ahead of the 2009 season to withdraw. http://www.skysports.com/story/0,19528,12433_5673055,00.html Link to comment Share on other sites More sharing options...
derbydan Posted November 4, 2009 Share Posted November 4, 2009 formula 1 will be finished in the next 5 years imo no-one can afford to keep doiing it apart from the big boys ferrari ect Link to comment Share on other sites More sharing options...
Perky1106 Posted November 4, 2009 Share Posted November 4, 2009 formula 1 will be finished in the next 5 years imo no-one can afford to keep doiing it apart from the big boys ferrari ect It's a corrupt game as well. They need to do Dangerous' idea and get the drivers drunk before. Link to comment Share on other sites More sharing options...
Perky1106 Posted November 4, 2009 Share Posted November 4, 2009 To be fair McLaren and Ferrari are already the Chelsea and Man Utd of F1. I know Brawn won this year but it was an anomaly imo. The likes of Red Bull, Brawn and BMW are the Liverpools and Arsenals of F1. Link to comment Share on other sites More sharing options...
derbydan Posted November 4, 2009 Share Posted November 4, 2009 bmw have dropped out too haven't they along with honda Link to comment Share on other sites More sharing options...
Dangerous Posted November 4, 2009 Share Posted November 4, 2009 i couldnt care less about formula 1.very very boring Link to comment Share on other sites More sharing options...
Day Posted November 4, 2009 Author Share Posted November 4, 2009 Bring back the other Dangerous I don't like this one. Link to comment Share on other sites More sharing options...
Dangerous Posted November 4, 2009 Share Posted November 4, 2009 Dange is back.The nasty ba**ard with nasty opinions and nasty thoughts.After 24 hours of therapy and karma ive decided I wasted a day of my life and am ready to start throwing sticks at people. Link to comment Share on other sites More sharing options...
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