According to prominent F1 publications Formula.hu and RacingNews365.com, Toyota has been in touch with Haas about a potential partnership. RN365 suggests a sponsorship deal, similar to Alfa Romeo ...

The Toyota-Haas F1 announcement Friday came just over a week after the company was among three big Japanese firms which pulled sponsorship money out of the Olympics.

After the FIA's rule change to allow a two-tier budgetary and technical regulation system in F1 next year, Toyota is the first team to come out and say it might not contest the 2010 season.

Toyota has reiterated its commitment to F1, in spite of its first annual operating loss since 1938.Said Toyota CEO Katsuake Watanabe of Toyota's F1 budget, still the largest in F1 at $445 million ...