Toyota Motorsport GmbH stops cooperation with HRT

TOYOTA MOTORSPORT GmbH STATEMENT Monday 15 November 2010 COLOGNE, Germany - Toyota Motorsport GmbH (TMG) confirms that all cooperation with Hispania Racing F1 Team (HRT) has been terminated and will not resume. TMG retains all intellectual ...

TOYOTA MOTORSPORT GmbH STATEMENT
Monday 15 November 2010

COLOGNE, Germany - Toyota Motorsport GmbH (TMG) confirms that all cooperation with Hispania Racing F1 Team (HRT) has been terminated and will not resume.

TMG retains all intellectual property rights to its current F1 car and is completely free to pursue other projects and support new customers for its high-performance engineering services.

TMG regrets that HRT has not met its contractual payment obligations and will pursue all available options to reach a satisfactory conclusion to this matter.

-source: toyota

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Series Formula 1