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	<title>Your Source For New Car Previews, Used Car Reviews, Car Insurance, Tips On Car &#187; F1</title>
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		<title>Toyota Pulls Out Of Formula One</title>
		<link>http://www.carsmart101.com/toyota/toyota-pulls-out-of-formula-one/</link>
		<comments>http://www.carsmart101.com/toyota/toyota-pulls-out-of-formula-one/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 13:15:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Toyota]]></category>
		<category><![CDATA[F1]]></category>
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		<guid isPermaLink="false">http://www.carsmart101.com/?p=402</guid>
		<description><![CDATA[<a href="http://www.carsmart101.com/toyota/toyota-pulls-out-of-formula-one/"><img align="left" hspace="5" width="100" src="http://images.thecarconnection.com/sml/jarno-trulli-during-practice-at-the-2009-japanese-gp_100232397_s.jpg" class="alignleft wp-post-image tfe" alt="Jarno Trulli during practice at the 2009 Japanese GP" title="Jarno Trulli during practice at the 2009 Japanese GP" /></a>Jarno Trulli during practice at the 2009 Japanese GP Toyota Motor Corporation confirmed officially on Wednesday its decision to pull out of Formula One with immediate effect. Given that the team was told it had &#8220;two more years&#8221; for success in December 2007&#8211;a deadline that has come and gone without a race win, despite a [...]]]></description>
			<content:encoded><![CDATA[<p><img title="Jarno Trulli during practice at the 2009 Japanese GP" src="http://images.thecarconnection.com/sml/jarno-trulli-during-practice-at-the-2009-japanese-gp_100232397_s.jpg" alt="Jarno Trulli during practice at the 2009 Japanese GP" width="320" height="198" /></p>
<p>Jarno Trulli during practice at the 2009 Japanese GP</p>
<p>Toyota Motor Corporation confirmed officially on Wednesday its decision to pull out of Formula One with immediate effect. Given that the team was told it had &#8220;two more years&#8221; for success in December 2007&#8211;a deadline that has come and gone without a race win, despite a generally strong showing this season&#8211;the decision perhaps ought to be unsurprising.</p>
<p>&#8220;Based on the current economic environment, we realize we have no choice but to withdraw,&#8221; said the Japanese carmaker&#8217;s president Akio Toyoda at a news conference in Tokyo. The economic situation actually put even this season&#8217;s run in doubt, with the team boss commenting on the near-cancellation this March.</p>
<p>The decision to pull out of F1 could mean that up to 550 Toyota F1 employees will be out of a job, however.</p>
<p>A Toyota staff member told Germany&#8217;s Auto Motor und Sport magazine that, following the announcement of the carmaker&#8217;s withdrawal from F1, he heard rumours that only 150 employees will remain at Cologne for the next racing project.</p>
<p>About 700 staff currently work on the team&#8217;s F1 engine and chassis programs in Junkersdorf, in the west of Cologne.</p>
<p>One option for the withdrawing owners of F1 teams is to sell the operation as a going concern, but team president John Howett said on Wednesday that he believes Toyota Motorsport GmbH will instead be scaled down in order to participate in &#8220;grassroots motor sport.&#8221;</p>
<p>Source:carsmart101.com</p>



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		<title>ACEA calls for new FIA constitution, Ferrari rejects 2010 F1 entry</title>
		<link>http://www.carsmart101.com/car-news/acea-calls-for-new-fia-constitution-ferrari-rejects-2010-f1-entry/</link>
		<comments>http://www.carsmart101.com/car-news/acea-calls-for-new-fia-constitution-ferrari-rejects-2010-f1-entry/#comments</comments>
		<pubDate>Sat, 13 Jun 2009 16:16:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Car News]]></category>
		<category><![CDATA[F1]]></category>
		<category><![CDATA[Ferrari]]></category>

		<guid isPermaLink="false">http://www.carsmart101.com/?p=71</guid>
		<description><![CDATA[<a href="http://www.carsmart101.com/car-news/acea-calls-for-new-fia-constitution-ferrari-rejects-2010-f1-entry/"><img align="left" hspace="5" width="100" src="http://www.motorauthority.com/content/thumbs/f/e/ferrari_2009_monaco_gp_main630-0524-630x360.jpg" class="alignleft wp-post-image tfe" alt="Ferrari at the 2009 Monaco GP" title="Ferrari at the 2009 Monaco GP" /></a>The battle between Formula 1&#8242;s leadership and its leading teams is getting hotter Today the FIA published the 2010 Formula 1 entry list to a cold reception from Ferrari and the Red Bull/Scuderia Toro Rosso teams as all three were included when they&#8217;d submitted written notice to be left off the list. As a result, [...]]]></description>
			<content:encoded><![CDATA[<p><img id="article-img" title="Ferrari at the 2009 Monaco GP" src="http://www.motorauthority.com/content/thumbs/f/e/ferrari_2009_monaco_gp_main630-0524-630x360.jpg" alt="Ferrari at the 2009 Monaco GP" /></p>
<div id="article-img-caption" style="width: 630px;">The battle between Formula 1&#8242;s leadership and its leading teams is getting hotter</div>
<div style="width: 630px;">Today the FIA published the 2010 Formula 1 entry list to a cold reception from Ferrari and the Red Bull/Scuderia Toro Rosso teams as all three were included when they&#8217;d submitted written notice to be left off the list. As a result, the European Automobile Manufacturer&#8217;s Association (ACEA) has raised a call for a complete restructuring of F1&#8242;s management.</p>
<p>The clash between the teams and F1 leadership has been ongoing for weeks now as the Formula One Teams Association (FOTA) has fought to establish a ruleset for the 2010 season that it feels does justice to the importance of the series.</p>
<p>F1 boss Bernie Ecclestone and FIA president Max Mosley have been seeking ways to open F1 up to new teams and to bring closer competition through cost-limiting rules. But Ferrari, Red Bull Racing and Scuderia Toro Rosso have issued statements rejecting their inclusion on the 2010 entry list released today, continuing their protest of the proposed cost and technological limitations for next season.</p>
<p>&#8220;Ferrari reaffirms that it shall not take part in the 2010 FIA Formula One World Championship under the regulations adopted by the FIA,&#8221; the team said in a written statement.</p>
<p>The ACEA released a statement that amounts to a thinly veiled threat of separation, saying, &#8220;Unless these objectives are met, the BMW, Ferrari, Mercedes, Renault and Toyota along with the other teams are determined to find an alternative way to practice this sport in a manner which provides clarity, certainty of rules and administration, and a fair allocation of revenues to the competing teams.&#8221; Ferrari is not part of the ACEA.</p>
<p>But the ACEA doesn&#8217;t want to stop there. &#8220;The current governance system cannot continue,&#8221; the organization said in a statement. &#8220;ACEA has come to the conclusion that the FIA needs a modernized and transparent governance system and processes, including the revision of its constitution, to ensure the voice of its members, worldwide motorsport competitors and motorists are properly reflected.&#8221;</p>
<p>Another team taking issue with the 2010 entry list is Prodrive, which was left off the list of approved teams. David Richards, head of Prodrive, was disappointed with the result, saying his team has all the necessary &#8220;resources and setup.&#8221; Hints that one or two current teams may pull out at the end of the 2009 season leave the door open for a possible Prodrive entry in 2010, but that will remain to be seen.</p>
<p>McLaren, BMW, Renault, Brawn and Toyota all also lodged provisional entries for 2010, with F1 giving them another week to make their entries unconditional.</p>
<p>On a positive note, the entry list does include three new teams for 2010, including Team US F1, Campos Grand Prix and Manor Grand Prix, all of which will be powered by Cosworth engines.</p></div>
<div style="width: 630px;">Source:motorauthority</div>
<div style="width: 630px;">Source:motorauthority</div>



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