Now that they have pulled the pin, update-engineering will totally stop, and this racecar will really head back towards the rear of the field, rapidly!

But like haonda though, it could be sold as a going concern so will live on in one shape, form and brand.

What about giving it a go Hyundai/Kia group, or as per normal a cashed up Chinese CarCo, what about it GreatWall?

Easiest way to the front today in F1 is employ Adrian Newey quicker and cheaper than pissing 100′s millions away for nothing…..

“How committed is Toyota to Formula 1? – We have consistently said we want to continue to participate in Formula 1 and if our CONDITIONAL entry is accepted we will COMMIT to the sport until at least the end of the 2012 season.

Interesting term that; “Conditional” its almost as if Toyota are saying they will “Commit” themselves to the F1 Circus for the next 3 years [and continue to waste over $50m a year in the process] provided that F1 change the rules and regulations etc to suit Toyota..

Just as they did with AVESCO Yeah that’s real commitment isn’t it?

If Toyota are as good as we are lead to believe [which they should be given that their F1 budget is as much as the other major teams combined] then they should accept the F1s terms and conditions and compete in the sport regardless just like McLaren and Ferrari have contined to do

Its sad but imo, if the likes of BMW, Renault, Mercedes & toyota just put their efforts into providing customer engines and leave the teams to build the chassis’s the sport and the car manufacturer’s might be better for it.
Obviuosly Ferrari are the exception here because they own F1 and even if they made trabants they’d still turn a profit.

either way BMW’s crown for me will always be their force in the piquet brabhams. 1300bhp from 1500cc is some talent.

Again read what Mad Max says “You have to remember that BMW are still a privately owned company. They are owned by the Quandt family and the $300mil needed to support the team each year must be harder to find from an ever decreasing number of sponsors. Now that tobacco is (almost) gone and the 2012 European alcohol regulations cutting back on advertising making things a bit harder it looks like BMW have made a sensible call. I also think Toyota will join them, if not this year then at the end of 2010. Who will be next?
In almost any other racing catagory worldwide, this would be a big wake up call. But not in F1 where heads are firmly buried in the sand.”

You need to read more about BMW history in F1,they started back in 1952 before discounting them as a team that gives up.

Times are hard at the moment for all manufacturers ,BMW as I said may be leaving but dont discount their engines still being used like they have in the past,and successfully.

But as I said at least they haven’t given up and they are still trying. F1 is so close now that 1 mistake and you are gone. They were the fastest car in Bahrain, but they stuffed up the strategy and finished 3rd.

” In a stark message, John Howett has stated that Toyota has ‘no future’ in Formula 1 if it suffers a bad season in 2009 – and that, he makes clear, means having to finally win a grand prix.

Since its debut in the top flight back in 2002, the big-budget Japanese manufacturer has competed in 123 races with no victories, and a meagre return of just seven rostrum finishes and two pole positions to its name.”

“How committed is Toyota to Formula 1?
We have consistently said we want to continue to participate in Formula 1 and if our conditional entry is accepted we will commit to the sport until at least the end of the 2012 season. If and when that happens, the unfounded rumours surrounding our future should stop”.

http://f1.gpupdate.net/en/news/2009/06/03/q-a-with-toyota-s-john-howett/

I am sad to see BMW leave. The more competition in F1 the better. I am just disappointed that they have pulled the plug after 1 bad season.