Blog Archive
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2009
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March
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- New York Auto Show Debut: All New Subaru Legacy Sedan
- Next Generation Porshe Boxster Spy Photos
- 2010 Mercedes-Benz E63 AMG sedan released officia...
- Nürburgring: Audi RS3 Mule First Spy Photos
- Rumour: Dacia SUV to Resemble Nissan Qashqai
- Spy Photos: Opel Insignia OPC in Blue - Clearest
- New York Auto Show: Acura ZDX Luxury Four-Door Spo...
- Black is back for California drivers
- Spy Photos: Mini working on 50th Anniversary models?
- Mini Beachcomber concept in Detailed
- Drifting 101 with world champion Rhys Millen
- Autoblog stops at the Symbolic Motors Annual Sprin...
- Button Leads BrawnGP 1-2 in F1 Season Opener in Me...
- 2009 Brawn BGP 001 : F1 Pictures
- Brawn GP Fantastic Team Debut in Formula One Firs...
- Project Sipster: Sipster Indeed
- Wind-powered car breaks record
- Spy Shots: Fiery new Insignia VXR uncovered
- BMW Z4 priced from $46,575
- Brawn locks out Melbourne front row
- Driven: 2009 Audi S5 vs. 1985 Audi Ur quattro
- Ratan Tata seeks U.K. aid for Jaguar Land Rover
- Spy Photos: Facelifted Audi Q7 Spotted in Atlanta
- Pagani Zonda R Official Commercial Trailer Release...
- Video : TH2 Volkswagen T5: 558 pk
- New Ferrari.com website to go live during first 20...
- 100 New Ford Fiestas Arrive in U.S. From Germany
- Toyota Launches a Redesigned 'Crown Majesta'
- Opel Sponsors Royal College of Art Students to Des...
- 2008 Chanel Fiore Design Concept in Video
- Tesla Model S Revealed to Media
- 2009 McLaren-Mercedes MP4-24 Formula One Pictures
- 2009 McLaren-Mercedes F1 Team and Launch Pictures
- F1 2009 : Ferrari Team and Pictures
- 2009 Ferrari F60 Technical Specifications
- 2009 Ferrari F60 Launch
- 2009 Regulations Could Lead to Shake-Up : Renault ...
- Mercedes-Benz F-CELL Roadster Concept Revealed
- Supercars _ GTA Concept to Launch Next Month
- EV Innovations to unveil Wave and Inizio electric-...
- New Details and Spy Photos for Range Rover Facelift
- B&B Pumps 300 Ponies Out of Volkswagen Tiguan
- China seen producing scaled-down knockoff of Peuge...
- Kia unveils Forte LPI hybrid electric vehicle (HEV...
- Final Design and Details for Melkus RS2000
- 30 Cool Car Wallpapers
- Cool Car Wallpapers
- Audi releasing new low-cost 1.8 TFSI TT Roadster i...
- Porsche Speedster
- Lamborghini Murcielago by Prindiville
- Rolls-Royce 200EX (RR4) to Get 500 Horsepower Turb...
- Volvo V70 pickup aka Volvomino
- VW Golf GTI MkVI in Depth
- Timo Glock goes up on two wheels in a Toyota Hilux
- Freightliner debuts RunSmart Predictive Cruise Con...
- Live webcast of Hyundai Genesis coupe press intro ...
- Formula One : Toyota have unveiled the TF109
- Lamborghini Estoque canned
- New Mercedes-Benz E63 AMG
- BMW says no to making a new Z4M
- Reasonably Priced Car Comparison: Honda CR-V Vs Ci...
- Corvette GT1 Commemorative Edition Unveiled Ahead ...
- Audi launches Facebook fan page for the R15 TDI
- Road to Formula One 2009 Information
- Aston Martin One-77 Episode 3 in Video
- New York Auto Show: 2010 Mazda CX-9 & CX-7 Facelifts
- New York Auto Show: 2010 Mercedes-Benz E 63 AMG
- Dodge Challenger Mr Norm Super Cuda
- BMW M3 to move to turbo six; 1-Series M green lighted
- Gronholm's Prodrive Impreza WRC2008 Revealed - Rea...
- 2020 Hyundai City Car Concept
- High-speed Detroit-Lansing rail line envisioned
- BMW 5 Series GT _ TV Video
- Caparo T1 Race Extreme Details
- Most Successful Porsche Race Cars Reunite at 12 Ho...
- 2010 Ford Taurus SHO/ST Concept and Pictures
- New 2010 Ford Taurus SHO
- 2009 Geneva Auto Show: Ford Iosis Max Previews Nex...
- Spyker's owner shot in apparent assassination attempt
- New Roush 2010 427R Mustang Unveiled
- Audi to be Featured Marque at Goodwood Festival of...
- Video: Terrafugia "Flying Car" Makes First Flight
- Video: Tazzari ZERO EV to Arrive in North America ...
- New York Auto Show: Scion Announces Micro-subcompa...
- Platinum R Rover Sport Concept802 wide body kits n...
- Frankfurt Motor Show: Mini Planning New Small City...
- FIA introduces voluntary budget cap for 2010
- First 2010 Ford Shelby GT500 & Two Mustang GT Conc...
- Quandt Family nixes BMW and Daimler 7% share swapp...
- Audi: brand can not support the small cars in the ...
- Porsche 911 4S Coupe & Cabriolet Pon Edition
- Facelift Audi Q7 is launched in April
- eBay Find of the Day: World's Fastest Production Car
- Driven: Ronn Motor Company Scorpion, the world's f...
- Opel Insignia Spied in Michigan by WCF Reader
- Toyota nearly axed F1 team - boss
- Rast test car in crash
- Ferrari F450 Test Mule Spied Up Close During Winte...
- Upcoming Audi RS3 powered by the turbo engine foun...
- Catch Truth in 24 this Friday on ESPN
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March
(193)
Toyota nearly axed F1 team - boss
Executives of the Toyota Motor Corporation considered following fellow struggling Japanese carmaker out of formula one, a top chief of the Cologne based team has admitted.
Tadashi Yamashina, team principal and chairman of the marque's motor racing arm Toyota Motorsport GmbH, told a news conference that the global financial crisis led Tokyo based officials to consider reducing costs by pulling out of the sport.
"I stressed again and again in the company's executive board meetings there was no way we should pull out, although we have to drastically cut our costs," he is quoted as saying by the Yomiuri Shimbun newspaper.
"Obviously our negative business reports did cause some doubt."
Yamashina said Panasonic's decision to extend its contract as team title sponsor through to 2012 was instrumental.
"I was extremely happy that Panasonic decided to renew its contract with us even though they also had some financial trouble. Their understanding of what we are doing allowed us to keep racing," he admitted.
Source: GMM
Other article:
Toyota TF108 F1 Racecar Unveiled