Topic: Toyota Motor Corporation
A difficult economy forced Toyota to withdraw from Formula 1, but don't expect the automaker to return to the series should the automotive industry improve. "There is a big gap between Formula 1 and Toyota's actual [owners]," said Tadashi Yamashina, Toyota's Senior ...
Japanese Formula One driver Kamui Kobayashi was on Thursday signed up to drive for the Sauber team, a move that has put on hold his intended plan to return to work for his father's sushi restaurant.The 23-year-old appeared certain to be handed ...
BMW has unveiled a non-M-badged Z4, the eloquently named sDrive35is, that is more powerful than the last Z4 M. [Car and Driver]. + Toyota shows teasers of its new compact hybrid concept, set to debut at the 2010 Detroit auto show. + ...
BMW Sauber will take the place of Toyota in the Formula One World Championship in 2010, global motorsport's governing body, the FIA, announced on Thursday. "The FIA has informed BMW Sauber AG their application has been successful," the International Automobile Federation said ...
Rusty Wallace Racing to move from Chevrolet to Toyota in 2010Rusty Wallace Racing is moving its Nationwide Series team from Chevrolet to Toyota next season.Wallace, who is a NASCAR analyst for ESPN, also will represent the Toyota brand on a national basis.His ...
Timo Glock agrees to 2-year deal to drive for new Formula 1 team Manor GP starting in 2010Timo Glock will drive for the new Manor GP team next season in Formula One.The German driver agreed to a two-year contract Tuesday, with another ...
Last week Toyota dropped out of Formula One racing, two days after tire supplier Bridgestone did, too. And in July, Fuji International Speedway, owned by Toyota, surrendered hosting rights for the Japanese Grand Prix in 2010 and beyond. When Honda pulled out ...
So, Toyota has finally withdrawn from Formula 1, after eight seasons in which its best result was fourth in the constructors' championship along with a number of second-place finishes in individual grands prix. No doubt Toyota's first operating loss as a company ...
Renault have held an emergency board meeting in Paris to discuss pulling out of Formula One, on the same day as Toyota announced it was also quitting the sport, according to reports.The French car company was considering whether to remain in Formula ...
Toyota, the world's largest automaker, says it's pulling out of Formula 1 to cut costsToyota is pulling out of Formula One racing.The world's largest automaker announced Wednesday it needs to cut costs and focus on its core business. "Based on the current ...