Nov 5, 2009

Toyota quits F1

The World's largest car maker Toyota Motor Corp. has said that it is pulling out of Formula One due to poor Economic conditions. Toyota has become the third team to leave F1 after Honda motors and BMW. Toyota F1, which made its Formula One debut in 2002 has never won a Grand Prix.  With its departure, the sport is left with only 3 manufacturing team- McLaren,Ferrari and Renault.


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