Breaking: Toyota quits Formula 1 with immediate effect.

[EJ25RUN]

It doesn't matter, when a sport gets to expensive that all of these huge people are backing out....something has definitely gone wrong. R&D is expensive and will always be, but the parts and cars are still just ridiculous.

Toyota used to spend $700 million a year around 5 seasons ago so finances weren't always the biggest problem.

The world economy is one of the issues that has pushed a lot of teams out but the sport has made pushes toward cost cutting. There was talk of bringing the spending levels near the mid 90's when the competition was closer.

[cjhutch]

Toyota used to spend $700 million a year around 5 seasons ago so finances weren't always the biggest problem.

The world economy is one of the issues that has pushed a lot of teams out but the sport has made pushes toward cost cutting. There was talk of bringing the spending levels near the mid 90's when the competition was closer.

That's what really needs to happen. It's almost to the point where the cars drive themselves. I really don't feel there is that much separation in talent from the guy in first place to the guy in last.

[ash7]

That's what really needs to happen. It's almost to the point where the cars drive themselves. I really don't feel there is that much separation in talent from the guy in first place to the guy in last.

I'm gonna disagree with this. If F1 is the pinnacle of automotive technology, then why force the budget and spending caps on the teams? If the cars are so expensive and so advanced that they drive themselves, then let them.

The technology these companies were employing in the 90s is obsolete, why force them to take a step back? Budget spending caps would kill the sport.
-jonathan