05/12/2008
NEWS STORY
Toyota has issued the following statement in reaction to the news that Honda is quitting F1 with immediate effect:
Honda's decision is a pity for us as a Japanese team, however, we cannot comment more about their situation because this is an issue for Honda.
Toyota is currently committed to succeeding in Formula 1 and to reducing our costs. We are contributing to the FOTA activities which will achieve significant cost reductions whilst maintaining the spirit of the sport.
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.