Formula One news

Toyota committed to F1

John Howett: We're committed in long term

Cologne-based team Toyota has vowed its commitment to Formula One. President John Howett fended-off claims of numerous big-wigs that giant car-makers tend to 'come and go' as they please according to marketing strategies. 'We're committed in the long term,' he said.

Howett added: 'You only have to come to Cologne and look at the investment that is going on here to realise that this certainly isn't a short-term project.'

Toyota is one of the world's biggest car manufacturers and therefore it might be seen to have a responsibility to help protect the future of the F1 category. 'We see it that way,' said John Howett. 'In the long term we want to look at ways in which we can improve Formula One in a range of ways to ensure its long-term well-being and growth.'

Toyota, like Ferrari, builds both chassis and engine but its TF104 was genuinely outpaced by an under-funded Jordan-Ford car at the season-opening Australian GP.

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