Wow - it seems lately like everyone is jumping ship. Is it due to the economic downturn - or something else?
From the Formula One website:
Toyota will be absent from the grid next season after the team’s parent company announced its withdrawal from Formula One racing on Wednesday. The team had been competing since 2002.
“Toyota Motor Corporation (TMC) announces it plans to withdraw from the FIA Formula One World Championship at the end of the 2009 season,” said a statement released by the Japanese car manufacturer.
“TMC, which had viewed its participation in F1 as contributing to the prosperity of automotive culture, remained dedicated to competing at the pinnacle of motor sports, even in the face of the abrupt economic changes that started last year.
“However, when considering TMC’s motor-sports activities next year and beyond from a comprehensive midterm viewpoint reflecting the current severe economic realities, TMC decided to withdraw from F1.”
An insightful article was posted earlier today at the
Now, I wouldn’t necessarily race a Lexus - they are just pretty to look at - but you never know… some people will race ANYTHING! The all-new RX 350 and RX 450h will debut at the LA Auto Show - which, I might add is shaping up to really be a BIG DEAL this year. Two options here - 3rd generation RX 350 and the new RX 450h - the “h” stands for Hybrid. 




