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Is this the End for Formula One’s Car Manufacturers?

Toyota’s decision to withdraw from Formula 1 Racing, announced today, has been speculated upon more about half the season. Although some are blaming the economic climate for the Japanese marque’s decision, with the parent company’s descent into red figures for the first time in its history, it is not the only factor. Since joining the series in 2002, Toyota has had only modest success, not winning a single race in the team’s eight full seasons. Despite the promise that the company was in F1 to win, and the promising start by Mika Salo in its very first race, Toyota never lived up to its billing or was able to justify the huge expenditure involved. The question remains, however, is whether this will be a sign that the remaining manuf...

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