NASCAR »

Toyota reaffirms commitment to NASCAR racing

Toyota remains committed to NASCAR despite announcement of withdrawal from F1
Don't expect Toyota's recently-announced withdrawal from Formula One racing to signal a pullback from NASCAR racing.

But don't expect it to be a windfall for Toyota's stock-car effort, either.

Toyota Racing Development president Lee White said Saturday at Texas Motor Speedway that the Formula One pullout "should have no effect whatsoever on our NASCAR program, our NASCAR plans and our NASCAR future. We remain completely committed to NASCAR - and NASCAR is completely committed to us."

Asked whether any of the estimated $300-$500 million saved from the F1 budget would accrue to the NASCAR program, White demurred.

"The economy remains very challenging for the automotive industry," he said. "So we don't expect one penny of that reduction in cost would come here to benefit our NASCAR program."

Toyota currently supports eight teams in NASCAR's Sprint Cup Series.

by Reid Spencer/Sporting News


Tagged as: Toyota , Sprint Cup

Related Pictures

Click on relevant pic to enlarge
Denny Hamlin leads Jeff Gordon at Martinsville   [pic credit: NASCAR/Getty]
Brian Scott. (Picture Credit: Ronald Martinez/Getty Images for Texas Motor Speedway)
Jimmie Johnson, driver of the #48 Lowe’s Chevrolet SS, holds his daughter, Lydia Sunday, November 22, 2015 before final race of the 2015 NASCAR Sprint Cup Series season at Homestead-Miami Speedway in Homestead, Florida. Johnson and other Jeff Gordon teammates at Hendrick Motorsports wore tribute hats to honor the retiring Chevy driver prior to the start of the race. (Photo by Alan Marler/HHP for Chevy Racing)
Jeff Gordon, driver of the #24 Axalta Chevrolet SS, races to a sixth place finish Sunday, November 22, 2015 in the final race of the 2015 NASCAR Sprint Cup Series season at Homestead-Miami Speedway in Homestead, Florida. Gordon finishes third in the Chase for the Cup Championship. This was Gordon`s last race as a NASCAR Sprint Cup driver. He has made 796 consecutive Cup Series starts, earned 93 wins, and 81 poles - all behind the wheel of Chevrolets. (Photo by Andrew Coppley/HHP for Chevy Racing)
Defending Sprint Cup Champion Kevin Harvick, driver of the #4 Budweiser/Jimmy John’s Chevrolet SS, races to a second place finish, Sunday, November 22, 2015 in the final race of the 2015 NASCAR Sprint Cup Series season at Homestead-Miami Speedway in Homestead, Florida. Harvick finishes as the runner-up in the NASCAR Sprint Cup Championship. (Photo by Andrew Coppley/HHP for Chevy Racing)
Defending Sprint Cup Champion Kevin Harvick, driver of the #4 Budweiser/Jimmy John’s Chevrolet SS, races to a second place finish, Jeff Gordon, driver of the #24 Axalta Chevrolet SS finishes in sixth place, and Martin Truex, Jr., driver of the #78 Furniture Row/Visser Precision finishes in twelfth place Sunday, November 22, 2015 in the final race of the 2015 NASCAR Sprint Cup Series season at Homestead-Miami Speedway in Homestead, Florida. This Chevrolet drivers finished 2nd, 3rd and 4th (respectively) in the Chase of the Cup Championship. (Photo by Harold Hinson/HHP for Chevy Racing)
Ryan Blaney and the Motorcraft/Quick Lane Racing Team battled back from a bad re-start after the first caution of the race to finish 17th in the season-ending Ford EcoBoost 400 at Homestead-Miami Speedway. (Photo Credit: Campbell Marketing)
Series championship contenders Jeff Gordon, driver of the #24 AXALTA Chevrolet, Kevin Harvick, driver of the #4 Budweiser/Jimmy John`s Chevrolet, Martin Truex Jr., driver of the #78 Furniture Row/Denver Mattress Chevrolet, and Kyle Busch, driver of the #18 M&M`s Crispy Toyota, take part in pre-race ceremonies for the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida.  (Photo Credit: Chris Trotman/NASCAR via Getty Images)
Former racing driver Mario Andretti, Jeff Gordon, driver of the #24 AXALTA Chevrolet, and Formula One World Champion Lewis Hamilton pose during pre-race ceremonies for the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida.  (Photo Credit: Jared C. Tilton/Getty Images)
Joey Logano, driver of the #22 Shell Pennzoil Ford, and Kyle Busch, driver of the #18 M&M`s Crispy Toyota, race during the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida (Photo Credit: Chris Trotman/Getty Images)
Jeff Gordon, driver of the #24 AXALTA Chevrolet, pits during the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida. (Photo Credit: Jared C. Tilton/Getty Images)
A general view as cars pit during the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida. (Photo Credit: Robert Laberge/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 Budweiser/Jimmy John`s Chevrolet, Kyle Busch, driver of the #18 M&M`s Crispy Toyota, Jeff Gordon, driver of the #24 AXALTA Chevrolet, and Martin Truex Jr., driver of the #78 Furniture Row/Denver Mattress Chevrolet, race during the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida. (Photo Credit: Chris Trotman/NASCAR via Getty Images)
Kyle Busch, driver of the #18 M&M`s Crispy Toyota, crosses the finish line to win the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida.  (Photo Credit: Jonathan Ferrey/NASCAR via Getty Images)
Kyle Busch, driver of the #18 M&M`s Crispy Toyota, celebrates winning the series championship and the race with a burnout after the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida. (Photo Credit: Chris Graythen/Getty Images)
Kyle Busch, driver of the #18 M&M`s Crispy Toyota, celebrates winning the series championship and the race in Victory Lane after the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Kyle Busch, driver of the #18 M&M`s Crispy Toyota, celebrates winning the series championship and the race with his team after the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida. (Photo Credit: Chris Trotman/NASCAR via Getty Images)
Kyle Busch, driver of the #18 M&M`s Crispy Toyota, celebrates with the trophy in Victory Lane after winning the series championship and the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 22, 2015 in Homestead, Florida. (Photo Credit: Chris Graythen/Getty Images)

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.


Paul Buckland - Unregistered

November 10, 2009 7:32 AM

Never did quite understand why the likes of Toyota got involved in F1 to start with, it has nothing to do with a big car manufacturer's product base, only benefits them in terms of publicity value, and then only when doing well. Even if NASCAR isn't all that much of a natural home for Toyota it is nearer to it's everyday products than F1. When the big manufacturers want to get back into motorsport, it will be in series such as this and world touring cars, perhaps even sports cars, but not as an offical team in any form of Formula racing, or only as a production based engine supplier, if that. The smell of burnt fingers will live long in the memories of board rooms all across the industry.

BoSox

November 10, 2009 8:43 AM

I agree, but I hope that it will be in touring and GT cars instead of stock cars. If NASCAR can advance their cars from overhead valve to overhead cam, showcase more advanced transmissions than a 4-speed manual, introduce rack and pinion steering, and introduce fuel injection it could be a series that attracts more manufacturers to showcase current and future technologies. That way it will have publicity and development value.



© 1999 - 2016 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.