Rumours Toyota Will Quit

There are more rumours that Toyota will quit Formula One at the end of the year due to their poor form compared to their huge budget. Also they are continuing to become more and more disillusioned with the continuing political row over cost cutting brought in by the FIA for 2010.

Speculation continues that Tokyo executives have already made the decision to cut back Toyota’s motorsport programme, which would include Formula 1.

Timo Glock stated: “Clearly this relates also to my own job, but I cannot influence the politics,” which obviously must be at least causing unrest within Toyota. When asked about Toyota’s poor Monaco form he said “I am confident Monaco was a one-off because we had been really competitive in the previous races, so we know the car is pretty good.”

The jury is out however if Toyota’s huge budget is worth the results and development they are getting in Formula 1. Especially considering the issues surrounding Formula 1 at the moment and the global economic down turn.