Nov 4th, 2009 - AutoWeek
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.
Related stories:
Trichet Signals First Step in ECB Exit From Emergency Stimulus
Nov 5th, 2009 - Bloomberg
Nov. 5 (Bloomberg) -- The European Central Bank took itsfirst step toward removing emergency stimulus measures designedto haul its economy out of recession, saying it won’t offercommercial banks 12-month loans next year.ECB Keeps Key Rate at Record Low of 1%, May Move Closer to Exit
Nov 5th, 2009 - Bloomberg
Nov. 5 (Bloomberg) -- The European Central Bank may signalit’s moving closer to withdrawing emergency stimulus measuresafter leaving its benchmark interest rate at a record low today.
Toyota scales back loss forecast
Nov 5th, 2009 - CNN
(FT) -- Toyota Motor scaled back its loss forecast for the year to next March on Thursday, reflecting an aggressive cost-cutting drive and improved sales of some vehicles -- particularly low-emission cars such as its Prius hybrid...Toyota Narrows Loss Forecast on Government Stimulus
Nov 5th, 2009 - Bloomberg
Nov. 5 (Bloomberg) -- Toyota Motor Corp., the world’slargest carmaker, narrowed its full-year net loss forecast for asecond time after government stimulus measures revived vehicledemand in the U.S...FIA seeks legal review of Toyota's F1 exit
Nov 4th, 2009 - USA Today
PARIS (AP) — Formula One's governing body will review the legality Toyota's pullout from the sport. The FIA said on Wednesday that since the Japanese team's announcement comes only weeks after it committed to the sport through 2012...
Related videos from YouTube:
3:03AT&T Williams F1 Sam Michael on 2009 and the Toyota exit
Sam Michael talks about the 2009 season and the move by Toyota to exit Formula One .
7:592009 Melbourne Formula 1 Grand Prix Amatuer Footage
Footage from Friday Practice 1 & 2, Saturday Practice and Qualifying. 2009 Melbourne Formula 1 Grand Prix Footage
2:06F1 04 Dangerous Accident Area
Turn Sound UP! The worst place in Monza to crash- Right after the pit lane exit, when lots of cars are going by, and LOTS of cars are coming out of the pit. O.Panis stops, Probably because of gearbox problems(I hope), J.Button hits him and is totaled ...
7:00Race Driver: GRID - F3
, I then was lucky as the slow car i went through, going down to long first straight I lost the back end again then after the next long straight i took it to early and nearly smashed the barrier and went over some grass, final corners i took fine and then final straight weaved (warming tires lol) ...
