
Fuji circuit withdraws from F1, report says
Agencies | 2009-7-2
Toyota-owned Fuji International Speedway is reportedly planning to pull out of hosting the 2010 Japanese Formula One Grand Prix...
...Toyota has been hit by the global economic downturn. The company expects the current fiscal year through March 2010 to be its worst ever financially, forecasting a net loss of US$5.7 billion.
Fuji Speedway hosted the Japanese Grand Prix in 2007 and 2008 for the first time in 30 years, replacing the Honda-owned Suzuka circuit.
The 2009 Japanese Grand Prix will be held at Suzuka, near the city of Nagoya. It was expected that the race would alternate between Suzuka and Fuji beginning this year...more...