Formula Toyota

Formula Toyota is a spec class, rock crawling series. Competition rigs in this class are made primarily from Toyota truck parts. These rock crawlers are built as a safe, inexpensive rock crawler and will compete in their own class at events such as CalROCS. Original conceived by Eric "Camo" Linker and Mike "AirRide" Hendrix the idea was to create a beginning level rock crawler that would work well on difficult rock crawling trails as well as be able to compete in rock crawling events.

Toyota Formula 1

In 2002 Toyota made a daring move to enter Formula 1 as a full constructor, starting from scratch. With a steady pair of drivers, Toyota has appeared to find the stability it needs to build the team little by little.

Toyota has countered speculation it may join its Japanese rival Honda in withdrawing from Formula 1.

Not yet three weeks after Honda said it would no longer contest grands prix, Toyota admitted it is set to record its first operating loss since before World War II.

"We have absolutely no plans to withdraw from Formula 1," a spokeswoman told the British newspaper The Guardian.

She intimated, however, that Toyota is set to implement its own measures to reduce its annual spend on Formula 1, over and above the regulated FIA cost-cutting.

To reporters in Japan, Toyota Motor Corporation president Katsuaki Watanabe added: "To keep it up at the current level
is extremely difficult." Another spokesman said: "The financial results don't change anything for us in the Formula 1 team. Our situation has not changed."