Following the shock decision by Honda to pull the plug on its F1 operations today, Toyota have moved to return the sport to a state of calm, amid speculation that more large-scale car manufacturers could follow Honda out of the sport. In a brief statement issued this afternoon, Toyota confirmed its commitment to the sport, having joined as a complete constructor in 2002.
"Toyota is currently committed to succeeding in Formula 1 and to reducing our costs," read the statement. "We are contributing to the FOTA [Formula One Teams' Association] activities which will achieve significant cost reductions whilst maintaining the spirit of the sport."
Various cost-cutting talks have been taking place over the last few days, weeks and months in an attempt to bring the cost of competing in the sport down to a sustainable level, with those talks set to intensify to find a viable solution before the sport is threatened by further pull-outs.
"[We hope FOTA's proposals and activities will be given the widespread support they deserve as they provide the sound, stable base Formula 1 requires at this time," concluded Toyota.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment