November 5, 2009
Several notable defections from Formula 1 have occurred within the past year. The current exodus began last December, when Honda announced their departure from the series. Then, in July of this year, BMW revealed that they would withdraw from the series in 2010. Finally, just this week, Bridgestone issued a statement saying they would discontinue [...]
Read the full article →
November 4, 2009
Following a meeting today of its board of directors, Toyota has announced a withdrawal from Formula 1 with immediate effect. As reported in The Guardian, Toyota president Akio Toyoda said in an official press conference, “Based on the current economic environment, we realize we have no choice but to withdraw. This has been a very [...]
Read the full article →