
A difficult economy forced Toyota to withdraw from Formula 1, but don't expect the automaker to return to the series should the automotive industry improve. Corporate officials -- even those once tied to the F1 program -- admit the racing series doesn't reach its customer base.
"There is a big gap between Formula 1 and Toyota's actual [owners]," said Tadashi Yamashina, Toyota's Senior Managing Director. "President [Akio] Toyoda's stance on motorsports is geared more to the customer."
Although Yamashima himself broke down in tears when Toyoda held a press conference last year to announce the F1 withdrawal, the executive seems to have adopted a new perspective on the race series. In an interview with Automotive News, Yamashima says F1 has grown...