Ralf Schumacher has confirmed that he will be leaving Toyota at the end of the 2007 Formula One season.
The German joined the team in 2005 on a bumper deal but has never been able to deliver the kind of results envisaged at that time.
There has been speculation over Schumacher’s future all year and Monday’s announcement confirms that his time at Toyota will end with his current contract at the end of the season. ABS-CBN News.com
The German, who is in the final year of his contract with the team, says he is looking for a “new challenge”.
“I joined Toyota with high expectations,” he said. “On the one hand, I regarded it as a major and exciting challenge to be involved in the development of a new racing car. On the other hand, I also learned to like the Japanese style of living, during my long stay in Japan before entering Formula 1. And I still get on well with the Japanese mentality.
“But I am waiting for years for a competitive car.”
“Toyota also was a nice and interesting experience - particularly the cooperation with the team, engineers and mechanics. Still, it’s time now to look for a new challenge.” TSN.ca
“I will announce my decision when the season is over.
“For me, the financial aspect is far less important than the chance of being involved in the development of a car and being successful afterwards.”
Schumacher joined Toyota in 2005 following a record six-season stint at Williams where he won six grands prix.
However in three years with the team he has scored just three podium positions as it has struggled to break out of Formula 1’s midfield. ITV.com
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