Toyota Leaves F1
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This is a discussion on Toyota Leaves F1 within the Motorsports Talk forums, part of the Community - Meet other Enthusiasts category; Toyota has confirmed that it will pull the plug on its Formula One program immediately. The news was announced by ...

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    Hammerdown Mod of Thunder josnroh's Avatar
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    Toyota Leaves F1

    Toyota has confirmed that it will pull the plug on its Formula One program immediately. The news was announced by company boss Akio Toyoda in Tokyo some 11 days before a much anticipated meeting where the team's budget was to be discussed.

    Toyota's withdrawal comes following the departure of Honda 11 months ago, and confirmation from Bridgestone on Monday that it will leave F1 at the end of 2010. It leaves Japan with no strong connections to the sport for the first time since Honda's return in 1983.

    Toyota arrived in F1 amid great fanfare in 2002, and while it has earned pole positions and podiums--the red and white cars finished second in two of the last four races of this year--there had been no wins.

    Although there had been doubts about the company's long-term commitment, the fact that it had signed the new Concorde Agreement in July and appeared to be actively negotiating with drivers seemed promising. The incumbent drivers had been let go, but it's believed that no contracts had yet been signed with any replacements.

    It remains to be seen whether Toyota is able to sell the team, but the fact that it is based within a larger site owned by the company means it will be much harder to sell as an independent entity.

    The facility is much too large for any purchaser who will inevitably want to downsize and cut staffing levels, as happened when Honda was passed on via a management buyout to Ross Brawn. It also not clear if an engine supply arrangement would be made available to any buyer, although this would seem unlikely.

    If the team does not continue there could be legal action against Toyota from the FIA and/or Bernie Ecclestone, since the team had made a three-year commitment when it signed the Concorde Agreement. BMW chose not to do so, having already decided to pull out. But that meant Sauber team purchaser Qadbak had to start as a fresh entity and has been waiting on the reserve list for one of the other 13 teams to drop out.

    Toyota could scale down the motorsports side of the Cologne operation and operate a sportscar, rally or touring car program. It last competed at Le Mans in 1999.
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    Administrator RayfieldsWRX's Avatar
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    That's a shame..I was hoping to see more of Kamui Kobayashi in their chassis. He seemed to understand how to make it go!
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    Registered User cavallino333's Avatar
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    I guess Sauber will be back in now. The Toyota team was a joke they were spending huge amounts of money for nothing. It is a shame though that we are down to just 3 manufacturer teams.
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    Moderator smorris's Avatar
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    Quote Originally Posted by RayfieldsWRX View Post
    That's a shame..I was hoping to see more of Kamui Kobayashi in their chassis. He seemed to understand how to make it go!
    I will be shocked if he doesn't get a ride somewhere. Go down the road and ask Pete if he needs a driver.

    Pirelli says not interested. Goodyear (and by extension 75% owned Dunlop are in financial trouble, so they won't be playing. Michelin probably can't wait to flip Bernie the finger if he dares ask them. Khumo? Hankook? Who knows.

    At least this gives Peter Sauber an opportunity to get in if the FIA plays fair. And Nick can even bring his own car!
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    Itís not exactly a huge surprise, but Toyota has announced today that they are leaving Formula One and will not be back in 2010 to take their place. With the announcement that Bridgestone are also quitting F1 after 2010, and the departure of Honda before the 2009 season started, there is going to be no Japanese involvement in F1.

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    Administrator RayfieldsWRX's Avatar
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    Someone should start a thread about that!
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    Buzzz Wannabe's Avatar
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    Yes, it is no surprise, but I guess I am a little surprised. -go figure-
    But I did not think that the announcement would come like this, and for immediate result. Maybe a declaration about the end of an upcoming season. But when the big dollars pulls the plug on something so late, it is really difficult on all of the people that moved their families, change occupations, altered their futures to make and run the team and then WHAM! It is over.
    When you heave a full season and then some to prepare, that is different. I really feel for the people that are left out right now. And really hope that the global economy will not continue to hurt motorsports in such a large way.

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    fingers crossed toyota takes up the IRC Series or WRC Rallying again
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    Quote Originally Posted by igotbanned View Post
    I am a troll saying troll stuff!
    You did all that work of signing up just to come on here and say that?
    Last edited by TheJ; 12-07-2009 at 12:58 PM.

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    Buzzz Wannabe's Avatar
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    The internet has cute little ways of showing us what total and complete morons we live around. And this is a perfect example.

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    Geriatric Ginger Mod Rogan's Avatar
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    Toyota, especially since entering into the roundy-round we tend to call NASCAR/NASTRUCK, has seemed to slack off severely, elsewhere. Or is that just me?
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    Moderator YBNormal07's Avatar
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    Quote Originally Posted by Prestonwon View Post
    Itís not exactly a huge surprise, but Toyota has announced today that they are leaving Formula One and will not be back in 2010 to take their place. With the announcement that Bridgestone are also quitting F1 after 2010, and the departure of Honda before the 2009 season started, there is going to be no Japanese involvement in F1.
    I think they are all just embarrassed by the fact that Honda basically gave their team away and then that same team goes on and wins it all. Can you say "Doh"!!!!
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