Toyota's F1 future hinges on finances
TOKYO -- The Toyota Formula One team says its continued participation in the sport is still unclear and is dependent upon the financial performance of its parent company and cost reductions in F1.
Toyota's future in F1 has been in doubt since the onset of the global economic downturn, which forced both the Honda and BMW teams to announce withdrawals.
"We will participate for now," team principal Tadashi Yamashina was quoted as saying by the Yomiuri newspaper on Wednesday.
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