Toyota is threatening to pull out of Formula One from 2010 because of a dispute over a proposed budget cap.
Team president John Howett said Sunday that unless the teams and governing body FIA could reach an agreement over next season’s cost-cuts, the Japanese team could not guarantee its future in the sport.
“From Toyota’s perspective, there are a number of concerns that really need clarifications before we commit to the future,” Howett said ahead of the Spanish Grand Prix. “We want to be here. (But) I would say it is very likely we won’t …Â Details
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