Toyota announces his retirement from Formula 1 for economic reasons

The Toyota team announced his retirement from Formula One World Championship 1 at the end of the 2009 season, which ended last weekend with the dispute of the Abu Dhabi Grand Prix for financial reasons.

Toyota Motor announced plans to retire from Formula One championship at the end of the 2009 season. In considering the activities of motor racing for next year, Toyota Motor has decided to retire from Formula One, taking into account the serious situation Current economic, "said in a statement the manufacturer Japan.

In the note, Toyota appreciates the support the fans for "their warm support," all pilots who have gone through the team because of their

enormous gratitude "and employees for helping the accomplishments" are possible, "said that will seek the best solution for them and for those who are affected by this decision.

The 'giant' Japanese, which this year finished fifth in the constructors' championship, began to participate in this competition in 2002 and plans were to continue until 2012 but the crisis, which doomed him to two consecutive fiscal years of losses, has led its precipitous withdrawal from the championship.

In its 139 races in Formula 1, since it debuted in the Grand Prix of Australia 2002, the Asian brands have not got any victory, living their most successful years in 2005, where he finished fourth in the constructors' championship, and the last two campaigns, where he finished in fifth place.

The pilot who has remained longer on the team was Italian Jarno Trulli, who joined Toyota in 2004 after its passage by Renault, which together with Germany's Timo Glock, who has occupied one of the two leaflets of the team this year, and Japan's Kamui Kobayashi, who has replaced the last Grand Prix of Germany by the accident at Suzuka will have to find a new destination for next season.

With this announcement, Toyota became the second Japanese team removed the 'great circle', after Honda abandoned last December, due to economic reasons. Precisely, the team that took over the Japan team, Brawn GP, was the winner of the World, both in the constructors 'championship and the drivers' championship, with Briton Jenson Button.

With the withdrawal of Honda last year and now Toyota, Formula 1 teams is out of Japanese, and by the time it leaves the 2010 World Cup with 12 teams, following the departure of BMW and Toyota itself, and entries Field Goal, USF1, and Lotus Manor GP.

The 'giant' Japanese, which this year finished fifth in the constructors' championship, began to participate in this competition in 2002 and plans were to continue until 2012 but the crisis, which doomed him to two consecutive fiscal years of losses, has led its precipitous withdrawal from the championship.