As reported on crash.net Toyota Motorsport GmbH has revealed that it intends to quit the Grand Prix Manufacturers Association [GPMA], having claimed that the body has achieved its stated aims and was in danger of straying into other areas. “We appreciate the contribution of the GPMA to date, but now it is important for us [...]
Archive for the ‘GPMA’ Category
Toyota withdraws from GPMA
Posted: August 17, 2006 by Neeraj in BMW Sauber, Formula-One, GPMA, Honda, McLaren Mercedes, Renault, Teams, Toyota, Tsutomu Tomita0
AS reported on crash.net The FIA, Formula One’s governing body, has hit out at the GPMA, following the statement they released on Sunday, which included proposals to create a 40 million Euro fund to help the independent teams secure affordable engines. The FIA said that sum was ‘wholly inadequate’, before going on to add that [...]