It’s finally done – after persistent and intense rumours over the past few days Toyota has officially released a statement saying they would be withdrawing from F1 at the end of the 2009 season, which is basically right now with immediate effect.
The following is their press statement:
UPDATE: Here’s Akio Toyoda’s speech:
It would be nice if Lotus F1 Racing picks up Kobayashi.
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AI-generated Summary ✨
Many comments express disappointment over Toyota's departure from F1, citing it as a sign that the sport is declining and questioning its value for Malaysian taxpayers, especially given the economic situation. Some criticize the Malaysian government’s funding of the 1Malaysia F1 team, claiming it is a waste of public money and point out that major manufacturers like Honda, Toyota, and BMW are leaving F1 due to high costs and lack of return. Others highlight the sport's diminishing excitement, the high costs involved, and suggest that funds should be redirected to develop public transportation and other national priorities. There’s also skepticism about the team's sustainability, sponsorship issues, and the genuine patriotism driving Malaysian involvement, with some see the move as a wasteful show of national pride. Overall, the sentiment is largely negative regarding Malaysia’s continued investment in F1.