socialmedian: Video: Toyota quits F1 in bid to cut costs

Hi there. I'm Jason, one of the founders of socialmedian.

socialmedian delivers the news, filtered by your network.

We'd love to have you join in.

You can use facebook connect to sign in.

Add News Flash

User-submitted headlines for this story

Clips

Video: Toyota quits F1 in bid to cut costs

Source: The Guardian

Nov 04, 2009

Summary

After announcing that Toyota are quitting F1, company president and chief executive officer Akio Toyoda apologises for the team's failure to record a single race victory since joining the sport in 2002, in spite of an estimated annual budget of around $300m