TOKYO // The Toyota Formula One team says their continued participation in the sport is still uncertain and dependent upon the financial performance of their parent company and cost reductions in F1.
Toyota's future in F1 has been in doubt since the onset of the economic downturn, which forced both the Honda and BMW teams to announce withdrawals.
"We will participate for now," the team principal, Tadashi Yamashina, was quoted as saying by the Yomiuri newspaper. "We have to consider a variety of things in relation to our core business. Our participation is unclear, depending on our financial results."
Toyota had been in Formula One as a team since 2002, and was a signatory to the latest concorde agreement, which governs the terms of the sport and revenue distribution to the end of 2012.
Yamashina urged the sport's organisers to do more to reduce costs. Efforts to introduce a spending cap from next season met resistance from the big teams and threatened to prompt a breakaway series before budget restrictions were watered down.
"We must make Formula One more cost effective," he said.
The Williams team has been using Toyota engines, but is now looking for a new supplier.
* AP
Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
THREE
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Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
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Political flags or banners
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Bikes, skateboards or scooters
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THE LIGHT
Director: Tom Tykwer
Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger
Rating: 3/5
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Company%20profile
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The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Left Bank: Art, Passion and Rebirth of Paris 1940-1950
Agnes Poirer, Bloomsbury
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COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
JOKE'S%20ON%20YOU
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The years Ramadan fell in May