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2008 North American Toyota Research Institute
April 2008
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May 2007
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April 2007
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April 2007
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April 2007
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March 2007
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March 2007
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Toyota Announces Pricing for Toyota Camry Hybrid 50th Anniversary Edition
February 2007
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Toyota and NBA Player Chris Paul Announce Basketball Court Refurbishment Program
February 2007
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February 2007
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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 TMCs motor-sports activities next year and beyond from a comprehensive midterm viewpoint reflecting the current severe economic realities, TMC decided to withdraw from F1.
TMC leaves F1 having compiled 13 podium and 87 point finishes over eight challenging seasons since 2002 with Panasonic Toyota Racing, a full-constructor team. It views its time in F1"in which teams put forth their best efforts to fiercely compete at racings highest level"as an irreplaceable experience that provided an opportunity to develop both human resources and its R&D operations. TMC expresses its deepest appreciation to its F1 fans and others for their warm support.
TMC also wants to express its heartfelt gratitude to all Panasonic Toyota Racing drivers to date and to all Toyota Motorsport GmbH employees who have helped make the teams achievements possible. TMC intends to do its best to find a solution for those parties who will be affected by any inconvenience this decision may cause.
Drawing on its experience in F1 and other motor sports, TMC intends to move forward in developing exciting production vehicles, such as the Lexus “LFA supercar and compact rear-wheel-drive sports cars. In motor sports, it will not only race in various categories, but will also actively contribute to further development of motor sports by supporting grassroots races and planning events in which it is easy for people to participate.
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