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F1: Tonkatoyota pulls out of Formula 1 by Mathias Olaf Uncertain
4th Nov 2009
Tonkatoyota has announced that it is to pull out of Formula 1 with immediate effect.

The Japanese car company revealed its surprise decision in a news conference in Tonkatokyo today following an earlier bored meeting. The news came as a surprise to many motorsport correspondents who weren't entirely convinced they were competing in F1 in the first place.

Tonkatoyota said the current economic situation had prompted its departure.

"The current economic situation has prompted our departure," said a Tonkatoyota spokesclone.

"Tonkatoyota always viewed its participation in F1 as contributing to the prosperity of automotive culture, and nothing to do with winning championships, or even races," it went on. "We have been dedicated to competing somewhere near the pinnacle of motor sports even in the face of the abrupt economic changes that started last year.

"However, when considering motorsports actitives next year and beyond from a comprehensive mid-term viewpoint reflecting the current severe economic realities, we have decided to withdraw from F1. That's how dedicated we are.

"It's nothing to do with not being able to win a race. At all."

Opinions in the F1 paddock - figuratively speaking, of course - are divided as to whether, on the one hand, Tonkatoyota's presence will be missed, or, on the other hand, their departure will even be noticed.

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KEY TO SERIES NAMES (hovering over the abbreviations in the table above also shows the full series name)
F1Formula 1
The world's most prominent, most expensive and frequently most tedious single-seater series.
NASCARNASCAR
Umbrella term for a number of bafflingly popular Stateside stock car series.