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Panasonic Toyota Racing was a Formula One team owned by the Japanese automobile manufacturer Toyota Motor Corporation and based in Cologne, Germany. Toyota announced their plans to participate in Formula One in 1999, and after extensive testing with their initial car, dubbed the TF101, the team made their debut in 2002. The new team grew from Toyota's long-standing Toyota Motorsport GmbH organisation, which had previously competed in the World Rally Championship and the 24 Hours of Le Mans. Despite a point in their first-ever race, Toyota never won a Grand Prix, their best finish being second position, which they achieved five times.
Toyota drew criticism for their lack of success, as they never managed to win a Grand Prix with one of the sport's biggest budgets along with being the world's largest car manufacturer. Toyota was a well-funded team, but despite this, strong results had never been consistent.
Subject ID: 49719
MorePanasonic Toyota Racing was a Formula One team owned by the Japanese automobile manufacturer Toyota Motor Corporation and based in Cologne, Germany. Toyota announced their plans to participate in Formula One in 1999, and after extensive testing with their initial car, dubbed the TF101, the team made their debut in 2002. The new team grew from Toyota's long-standing Toyota Motorsport GmbH organisation, which had previously competed in the World Rally Championship and the 24 Hours of Le Mans. Despite a point in their first-ever race, Toyota never won a Grand Prix, their best finish being second position, which they achieved five times.
Toyota drew criticism for their lack of success, as they never managed to win a Grand Prix with one of the sport's biggest budgets along with being the world's largest car manufacturer. Toyota was a well-funded team, but despite this, strong results had never been consistent.
On 4 November 2009, Toyota announced its immediate withdrawal from Formula One, ending the team's involvement in the sport after eight consecutive seasons.
Subject ID: 49719
Subject ID: 49719
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