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DATE News (chronologically)
11/19/07
f1
Glock to replace Ralf at Toyota  UPDATE #14 This rumor is upgraded to 'fact' with today's announcement - see Hot News page.  Toyota's statement on Monday did not mention who Glock's teammate will be.  Jarno Trulli has a contract that includes 2008.

11/17/07 Toyota are set to officially announce the signing of Timo Glock at their annual Motorsports Festival event at Fuji next weekend, autosport.com reports.

11/04/07 GP2 Champion Timo Glock wants to cancel his contract with BMW as he has been offered a race seat with a "big F1 team". The German has declared his intention to leave the Hinwil-based constructor, with Toyota apparently keen on installing him as Ralf Schumacher's replacement. "One should realize they all want to get what's best for themselves," he told Bild. "I was offered the opportunity to race for another big team in Formula 1 and that is something BMW cannot offer me so I hope they can change the current situation." Media reports on Friday claimed that Toyota have contacted the Contract Recognition Board as they look to sign the 25-year-old driver. Glock added: "I am really grateful to BMW. The team has helped me a lot and I have always felt good with the team, but now it's time to move on. I hope we can come to an agreement soon." PlanetF1

Timo Glock

10/30/07 (GMM) Timo Glock is still in the frame to join the formula one race action in 2008.

That was the insistence of his manager on Tuesday, amid rumors that promising negotiations with Toyota might have broken down over a disagreement about the desired length of the contract.

It is suggested that while the Japanese outfit wants a long term deal, newly crowned GP2 champion Glock is not keen to be tied down so that BMW-Sauber is free to pull him back perhaps in 2009.

But 25-year-old Glock's manager Hans-Bernd Kamps told Auto Motor und Sport: "There are four top teams which have stated their interest in Timo."

Alongside Toyota and Williams, Kamps could be referring to theoretical openings at McLaren, Renault or Honda.

10/29/07 In regard to Timo Glock a problem with driving for them in 08 has arisen, but, it may have already been sorted. It seems as if Toyota wanted to sign him for two years, but BMW only wanted to release him for one season as they want to have an alternative for 2009 in case Kubica does not raise his game.

10/18/07 In an interview with autosport.com, Timo Glock has confirmed that he's in talks with both Toyota and Williams for a race seat in 2008.  Glock said: "There are one or two possibilities. But Toyota is one possibility and I would lie if I didn't say that Toyota and Williams are definitely possibilities.  Hopefully in the next one or two weeks, there should be a decision made."

10/16/07 (GMM) Toyota has denied that Timo Glock is on the verge of being announced as Ralf Schumacher's successor at the team for 2008.

Reports indicate that a deal for the newly crowned GP2 champion could be formalized after Sunday's Brazilian grand prix, but a spokesperson for the Japanese squad said: "These are all rumors.

"Nothing is signed yet," the Toyota representative told sport1.de.

"We are still in the process of analyzing everything. There are some candidates."

10/11/07 According to the reports, Glock will earn $2 million a year which is $17 million less than Ralf Schumacher earned with the team.

10/05/07 Rumors in the paddock at Shanghai Friday indicate that Glock has landed the vacated Ralf Schumacher Toyota ride and will team with Trulli in 2008.  An announcement is expected soon.

10/02/07 (GMM) Newly crowned GP2 champion Timo Glock says he is in promising talks with three competitive teams about returning to formula one next year.
The 24-year-old German, who briefly raced for Jordan in 2004, has in 2007 been the frontrunner of F1's feeder category that was dominated last year by likely rookie world champion Lewis Hamilton.

Glock is now considered favorite to replace Ralf Schumacher at Toyota, but he is also known to have been in talks with Williams.

"There are details that have to be clarified, but not big things -- nothing difficult," he is quoted as saying by the magazine Kicker.

"I expect a decision around the time of the last race, on October 21 in Brazil," he added.

10/01/07 See this Hot News story whereby Ralf has announced he is definitely leaving Toyota at the end of this year.

09/28/07 (GMM)  Ralf Schumacher says his plans for the 2008 season are not going to be revealed before the last race of 2007 in Brazil.

Asked once again about his future at the Fuji Speedway, the 32-year-old expressed frustration with the press' persistent interest in whether he will still be on the grid next year.

Schumacher told the German broadcaster Premiere at Fuji Speedway on Friday that the news will not be forthcoming until the circus rolls into Sao Paulo late next month "at the earliest".

"I don't know how often I have been asked the same question," Ralf added.  "I will answer it at the end of the season."

He has had a tough season with Toyota in 2007, and ahead of the team's home race in Japan was again consistently slower than his teammate Jarno Trulli.

"I just want to finish off the season," he told Reuters earlier this week.

"It's true I have been talking to other teams.  I won't be more specific than that -- right now I want to get the last few races over with."

On an estimated $19m per year salary, he joined Toyota as a six-time winner from Williams in 2005 but the Cologne based team is still yet to record its debut victory.

"To be honest, things just haven't happened," Schumacher admitted.  "We expected points and podiums but we didn't make it."

09/09/07  We are bumping this rumor up to 'strong.'  Timo Glock's manager has confirmed rumors that the GP2 frontrunner is in with a chance of replacing Ralf Schumacher next year at Toyota.

Hans-Bernd Kamps admitted at Monza that talks are ongoing with "several teams".

"Also Toyota," he told the German broadcaster Premiere, following speculation that a deal may already be done.

Kamps explained: "A few things still have to be sorted out but we have a good chance. We will see -- it is still going to take about 14 days."

It is believed that if Glock's sterling GP2 campaign so far does not result in a F1 race appointment for him next year, BMW-Sauber would happily keep him on board as primary test and reserve driver.

08/29/07 (GMM)  Timo Glock is closer than Ralf Schumacher to securing the second seat at Toyota in 2008, according to reports.

The German newspaper Bild claims that rookie Glock, GP2 series leader and BMW-Sauber test driver, is negotiating with Cologne based Toyota for a (US) $2m deal to race for the team next year.

Glock, 25, actually made his F1 debut in 2004, replacing Giorgio Pantano at Jordan late in the season.

'Bild' said Toyota has now decided not to take up the 2008-2009 'option' on Schumacher's current contract, which officially expires next weekend.

It could mean, however, that the Japanese giant simply wants to bring down the 32-year-old's huge $19 million annual retainer.

"We're in discussion with Ralf," team president John Howett revealed, "and we're studying the driver market and Ralf is still definitely on our list."

'Bild' also said Toyota, with spending-power of up to $40m for the seat alongside Jarno Trulli next year, would be among those teams willing to receive Fernando Alonso if the Spaniard leaves McLaren at the end of 2007.

08/28/07 The word in the paddock in Istanbul is that Toyota has either signed, or is about to sign, a long-term deal with GP2 racer Timo Glock. The young German would be taken on as a replacement for Ralf Schumacher and team-mate to Jarno Trulli.

Team boss John Howett was sitting close to Ralf in one of the FIA press conferences in Istanbul and said that "Jarno has a contract and we’re in discussion with Ralf" but went on to say that "we’re just not prepared at this moment to make a decision".

Glock is known to have visited the Toyota factory in recent weeks and since BMW announced Nick Heidfeld and Robert Kubica, but not a reserve and test driver, Glock seems to be on the market. He does have a BMW deal for 2008 but we believe there is a get-out clause if he has the opportunity to race in F1. Grandprix.com

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