Toyota delays joining Formula One until 2002

July 2000
Automotive News;7/3/2000, Vol. 74 Issue 5882, p26
Trade Publication
Reports that Toyota Motor Corp. will join the Formula One racing circuit in 2002 rather than 2001 due to a change in the sport's engine rules. Requirement of automobile manufacturers to develop ten-cylinder engines instead of twelve-cylinder engines; Toyota's goal of increasing its automobile sales in Europe when it joins the sport; Penalty against Toyota for not making the circuit in 2001.


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