Toyota Management Says F1 Team On Chop Block

Toyota Management Says F1 Team On Chop Block

Toyota Management Says F1 Team On Chop Block

Toyota Racing


Toyota bosses say 2009 will be a make-or-break season that will determine whether the manufacturer continues to participate in Formula 1.

Toyota’s F1 president John Howett said that the team had “no future” if it had a weak ‘09 campaign.

And while Howett played down suggestions that this goal was an ultimatum, he admitted the team’s future was on the line.

“We have a great team of people and I think we just feel it’s about time we won,” he said.

“We need a strong season. If we have a weak season we have no future.”

“It’s our desire and our passion, shared by our people in Cologne, and we feel we must win to secure a very bright future in Formula 1.”

Howett and his management colleagues have set the target of securing Toyota’s first race victory in 2009, and driver Jarno Trulli said just before the recent launch that a win within six races in 2009 is necessary.

Team principal Tadashi Yamashina suggested that Toyota’s outgoing president, Katsuaki Watanabe, had recently overseen a review of the formula one project.

“Fortunately for us, our president decided that we will stay (in F1),” he said.

“This season is therefore very important for us. We need to reduce costs and demonstrate to Toyota that the investment in formula one is worthwhile,” he added.

Read the full story

You could get van insurance for as little as £276 (based on quotes provided to 10% of callers. (Source: MORE TH>N BUSINESS October 2009) when you buy online as well as other great offers when you buy a business insurance product.

With our home insurance policy, when you buy buildings insurance, we'll give you contents insurance up to £75,000 absolutely free! or for contents worth more, try our high value home insurance cover

Buy pet insurance online and benefit from a 20% discount! From 8 weeks old onwards, your pet cat or dog will be covered regardless of its age (covers each new injury or illness up to £7000).

Free helplines for legal advice, medical advice and post-accident counselling, and discounts on our breakdown cover with our car insurance UK based personal customer manager.

Apply at MORE TH>N and we'll give you the best quote from our panel of leading insurers to help find you the cheapest life insurance policy. Prices start from only £5 a month.

Choose a Newsfeed
use the newsfeed below to search the full Auto Racing Daily story archive