Go Back   Club Lexus Forums > General Forums > Car Chat
Sign in using an external account
Register Forgot Password?

Toyota to withdraw from F1

Reply
 
 
 
 
Thread Tools Search this Thread Display Modes
Old 11-03-09, 11:16 PM   #16
TRDFantasy
Lexus Fanatic
Trader Score: (0)
 
TRDFantasy's Avatar
 
Join Date: Jan 2005
Location: A better place
Posts: 7,289
Default

Many people as well as myself of course will be extremely disappointed if they do pull out. They were extremely close to a win this year, and you're right the team did botch it.
This ad is not displayed to registered members.
Register your free account today and become a member on Club Lexus!
__________________
"A tradition cannot be founded if you reject the first generation" - Kazuo Okamoto, Chief Engineer 2nd generation LS 400.
-----------
A wise person recently told me, internet forums are mostly for whining.
-----------
The anonymity of the internet brings out the worst in everyone.
TRDFantasy is offline   Reply With Quote
Old 11-03-09, 11:16 PM   #17
LexFather
Guest
Trader Score: ()
 
Posts: n/a
Default

R&T had a one on one with the chief engineer of the LFA and he basically hinted that a follow up would make sense....so put the money there...
  Reply With Quote
Old 11-04-09, 02:08 AM   #18
metalgear
Lexus Champion
Trader Score: (0)
 
Join Date: Sep 2008
Location: CA/WA
Posts: 2,715
Default

that's just sad
__________________

HKS | VOLK | TEIN
metalgear is offline   Reply With Quote
Old 11-04-09, 02:53 AM   #19
encore888
Lexus Champion
Trader Score: (0)
 
encore888's Avatar
 
Join Date: Mar 2005
Location: CA
Posts: 8,695
Default It's confirmed - Toyota announces F1 withdrawal

http://www2.toyota.co.jp/en/news/09/11/1104.html

Quote:
Toyota to Withdraw from F1
Tokyo — TOYOTA MOTOR CORPORATION (TMC) announces it plans to withdraw from the FIA Formula One World Championship (F1) at the end of the 2009 season.

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

TMC leaves F1 having compiled 13 podium and 87 point finishes over eight challenging seasons since 2002 with Panasonic Toyota Racing, a full-constructor team. It views its time in F1—in which teams put forth their best efforts to fiercely compete at racing's highest level—as an irreplaceable experience that provided an opportunity to develop both human resources and its R&D operations. TMC expresses its deepest appreciation to its F1 fans and others for their warm support.

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.

Drawing on its experience in F1 and other motor sports, TMC intends to move forward in developing exciting production vehicles, such as the Lexus "LFA" supercar and compact rear-wheel-drive sports cars. In motor sports, it will not only race in various categories, but will also actively contribute to further development of motor sports by supporting grassroots races and planning events in which it is easy for people to participate.
I just saw it on CNBC, and it's confirmed here:

http://www.autosport.com/news/report.php/id/80003

Quote:
Toyota pulls out of Formula 1
By Matt Beer Wednesday, November 4th 2009, 08:13 GMT

Toyota has announced that it is to pull out of Formula 1 with immediate effect.

The Japanese car company revealed its surprise decision in a news conference in Tokyo today following an earlier board meeting. It said the current economic situation had prompted its departure.

"Toyota Motor Corporation (TMC) announces it plans to withdraw from the FIA Formula 1 world championship at the end of the 2009 season," said a Toyota statement.

"TMC, 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.

"However, when considering TMC's motorsports actitives next year and beyond from a comprehensive mid-term viewpoint reflecting the current severe economic realities, TMC decided to withdraw from F1"

There had been doubts about Toyota's F1 future after the company reported its first ever operating loss in March, and given the departures of fellow manufacturers Honda and BMW. Toyota had also pulled its Fuji track, which hosted the 2007 and 2008 Japanese Grands Prix, from the calendar, and its customer team Williams decided to end its engine deal a year early.

But Toyota signed the new Concorde Agreement, committing it to the world championship through 2012, and team boss John Howett was adamant that the squad would be on the grid in 2010, although there were hints of a reduced budget.

The team had been pressing ahead with 2010 preparations - approaching big name drivers including Kimi Raikkonen and Robert Kubica, and talking of signing impressive stand-in Kamui Kobayashi for next year as recently as last weekend. Current drivers Jarno Trulli and Timo Glock had already been expected to move on.

"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," said the statement.

"TMC intends to do its best to find a solution for those parties who will be affected by any inconvenience this decision may cause."

Toyota entered F1 in 2002, and was tipped to swiftly become a championship challenger given its huge budget and resources. But it failed to win a race and has just three pole positions, 13 podium finishes, and a best result of fourth in the 2005 constructors' standings to show for its 139 grands prix.

The departure of Toyota is set to throw the former BMW Sauber team a lifeline, as the Hinwil squad and its new owners had been relying on another team dropping out in order to claim the final spot in next season's expanded 26-car entry.

Renault is also holding an extraordinary board meeting to discuss its future plans today. Although the indications are that the French company is committed to F1, Toyota's decision to pull out could give Renault an opportunity to follow suit if it wished.

Toyota added that it would continue to use its F1 experience in "developing exciting production vehicles" and that it would remain involved in motor racing, albeit at a lower level.

"In motorsports, [Toyota] will not only race in various categories, but will also actively contribute to further development of motorsports by supporting grassroots races and planning events in which it is easy for people to participate."
__________________

Last edited by encore888; 11-04-09 at 03:19 AM..
encore888 is offline   Reply With Quote
Old 11-04-09, 06:31 AM   #20
SH_JZZ30
Lexus Champion
Trader Score: (1)
 
Join Date: Jul 2007
Location: Florida
Posts: 2,407
Send a message via AIM to SH_JZZ30
Default

I was looking forward to see how they do next season. I had a feeling this would happen though when I saw Honda and then BMW leave. If only they had a few wins.
__________________

93 SC300 - Soarer conversion, RHD, 1JZGTE, 5spd, BigWin Lip, Stance GR+ Pro, 97+ conversion, FMIC, 5Zigen Mega exhaust, Work Meister S1 19x9.5 +9 & 10.5 +23, LS4 brakes *Daily driven*
97 SC300 *RIP*
91 240SX *Sold*
00 GS300
SH_JZZ30 is offline   Reply With Quote
Old 11-04-09, 07:57 AM   #21
MR_F1
Lexus Champion
Trader Score: (0)
 
MR_F1's Avatar
 
Join Date: Dec 2006
Location: NY
Posts: 3,371
Default

Lame Toyota, just lame. Words can't express how gutted I am right now.

Click the image to open in full size.
__________________
http://i38.tinypic.com/25stxxg.jpg
MR_F1 is offline   Reply With Quote
Old 11-04-09, 08:05 AM   #22
Och
Lexus Fanatic
Trader Score: (3)
 
Och's Avatar
 
Join Date: Feb 2003
Location: NY
Posts: 10,689
Send a message via AIM to Och
Default

Who's left in F1 anyway? F1 is sooo toast.
Och is offline   Reply With Quote
Old 11-04-09, 08:47 AM   #23
TRDFantasy
Lexus Fanatic
Trader Score: (0)
 
TRDFantasy's Avatar
 
Join Date: Jan 2005
Location: A better place
Posts: 7,289
Default

I am very dissapointed .

Rumor has it Toyota gave the F1 team an ultimatum this year that if they did not achieve at least one win, they would pull the plug. Looks like it was likely true.

This quote does give a little bit of redemption:

Quote:
"However, when considering TMC's motorsports actitives next year and beyond from a comprehensive mid-term viewpoint reflecting the current severe economic realities, TMC decided to withdraw from F1"
I really hope this means a full-scale assault on the 24 Hours of Le Mans, and also hopefully an even more determined assault on the ADAC 24 Hours of Nurburgring.

Toyota has wins in every major 4-wheel motorsport category/series except Le Mans and F1. Getting some wins in Le Mans would be a great thing for Toyota.
__________________
"A tradition cannot be founded if you reject the first generation" - Kazuo Okamoto, Chief Engineer 2nd generation LS 400.
-----------
A wise person recently told me, internet forums are mostly for whining.
-----------
The anonymity of the internet brings out the worst in everyone.
TRDFantasy is offline   Reply With Quote
Old 11-04-09, 08:56 AM   #24
SH_JZZ30
Lexus Champion
Trader Score: (1)
 
Join Date: Jul 2007
Location: Florida
Posts: 2,407
Send a message via AIM to SH_JZZ30
Default

Next season is still going to be pretty crazy. 26 cars!! Watch all the former drivers for Toyota and BMW are going to start winning. Just like what happened to Honda when brawn took over.
__________________

93 SC300 - Soarer conversion, RHD, 1JZGTE, 5spd, BigWin Lip, Stance GR+ Pro, 97+ conversion, FMIC, 5Zigen Mega exhaust, Work Meister S1 19x9.5 +9 & 10.5 +23, LS4 brakes *Daily driven*
97 SC300 *RIP*
91 240SX *Sold*
00 GS300
SH_JZZ30 is offline   Reply With Quote
Old 11-04-09, 01:17 PM   #25
Mister Two
Lead Lap
Trader Score: (0)
 
Join Date: Jun 2009
Location: CA
Posts: 697
Default

Quote:
Originally Posted by MR_F1 View Post
Lame Toyota, just lame. Words can't express how gutted I am right now.

Click the image to open in full size.

Click the image to open in full size.
Mister Two is offline   Reply With Quote
Old 11-04-09, 01:53 PM   #26
TRDFantasy
Lexus Fanatic
Trader Score: (0)
 
TRDFantasy's Avatar
 
Join Date: Jan 2005
Location: A better place
Posts: 7,289
Default

According to Ferrari, the pull-out of BMW, Honda, and now Toyota occured not because of the economic crisis or financial losses, but because of a "war on manufacturers" that Ferrari says was going on in F1. Ferrari says the "war" was being waged by those who manage the sport.

Interesting if true.
__________________
"A tradition cannot be founded if you reject the first generation" - Kazuo Okamoto, Chief Engineer 2nd generation LS 400.
-----------
A wise person recently told me, internet forums are mostly for whining.
-----------
The anonymity of the internet brings out the worst in everyone.
TRDFantasy is offline   Reply With Quote
Old 11-04-09, 01:55 PM   #27
LexFather
Guest
Trader Score: ()
 
Posts: n/a
Default

F1 is a mess....

They should have started their own series....

Well at least now I can root for Ferrari with no mixed emotions
  Reply With Quote
Old 11-04-09, 01:55 PM   #28
IS-SV
Lexus Fanatic
Trader Score: (0)
 
Join Date: Nov 2008
Location: overlooking tech capital
Posts: 13,985
Default

If true, sales impact will be insignificant.
__________________
Enjoying Lexus ownership and valuable interaction with actual knowledgeable owners, bored w/same old time-wasting redundant Chit Chat and fake sense of community.
IS-SV is offline   Reply With Quote
Old 11-04-09, 01:57 PM   #29
LexFather
Guest
Trader Score: ()
 
Posts: n/a
Default

Quote:
Originally Posted by IS-SV View Post
If true, sales impact will be insignificant.
No doubt no one will notice (Consumers). We have to call a spade a spade here, Toyota sucked complete *** in F1 for years. They have no results and dumped billions in it.

At least the LFA came partially from it.
  Reply With Quote
Old 11-04-09, 01:59 PM   #30
TRDFantasy
Lexus Fanatic
Trader Score: (0)
 
TRDFantasy's Avatar
 
Join Date: Jan 2005
Location: A better place
Posts: 7,289
Default

Quote:
Originally Posted by 1SICKLEX View Post
No doubt no one will notice (Consumers). We have to call a spade a spade here, Toyota sucked complete *** in F1 for years. They have no results and dumped billions in it.

At least the LFA came partially from it.
Akio Toyoda in the press conference today also confirmed that what they learned in F1 will be used for future products. That I guess we can be fairly sure of .
__________________
"A tradition cannot be founded if you reject the first generation" - Kazuo Okamoto, Chief Engineer 2nd generation LS 400.
-----------
A wise person recently told me, internet forums are mostly for whining.
-----------
The anonymity of the internet brings out the worst in everyone.
TRDFantasy is offline   Reply With Quote
Old 11-04-09, 01:59 PM
 
 
 
 
Reply


Tags
akio, f1, lexus, rx, toyoda, toyota, withdraw

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

All times are GMT -7. The time now is 11:21 AM.

Join ClubLexus
Advertising


Copyright © 2000-2008 Internet Brands, Inc. All Rights Reserved
Privacy Policy | Disclaimer | Terms of Use | JOBS


Get all contact info