Rumor Rating Description
A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact' unless so noted.  Please visit our Hot News page for news.  If you have a rumor, or can supply more information about one listed here, e-mail us with as much supporting information as possible and we may post it. User Agreement and Disclaimer. Newer rumors supersede older ones of the same topic.  Go to our forums to discuss any rumor.
for your iPhone
for your iPad

2018 NASCAR Silly Season Page | 2018 F1 Silly Season Page | 2018 IndyCar Silly Season Page

Go to our forums to discuss this news
DATE News (chronologically)
More on Toyota considering Fuji GP axe UPDATE This rumor is now 'fact.'  Toyota-owned Fuji Speedway on Tuesday confirmed reports that the circuit will no longer host the Japanese grand prix.

It had been widely rumored that the venue located in the foothills of Mount Fuji, west of Tokyo, would relinquish the hosting rights due to Toyota's financial struggles.

After running races in 2007 and 2008, Fuji was set to return to the calendar in 2010 according to a new alternating agreement with Honda's popular Suzuka track.

"We decided it would be extremely difficult to continue holding the Japanese grand prix ... in view of sharply deteriorating business conditions and few signs of a rapid economic recovery," read a statement issued by Fuji Speedway.

Circuit president Hiroaki Kato said the decision was "heartbreaking" and apologized "deeply for being unable to live up to expectations".

07/01/09 (GMM) Toyota is considering abandoning its plans to host the 2010 Japanese grand prix, a spokesman for the Japanese carmaker has revealed.

The admission comes after two waves of media reports insisted the event scheduled for Fuji Speedway next year is in doubt: most recently on Wednesday, but also dating back a month ago in the Asahi newspaper.

Wednesday's reports, carried by other domestic newspapers as well as the national news agency Kyodo, cited sources in saying the decision to pull off next year's calendar is expected to be confirmed officially later in July.

"It's true that (Fuji Speedway) is making various considerations regarding its hosting of the event next year," the spokesman said, without elaborating.

Toyota, also with a team in formula one that is based in Germany, owns the circuit located in the foothills of Mount Fuji west of Tokyo.

It ran the 2007 and 2008 grands prix and in 2010 was due to return to the calendar as per its new alternating scheme with Honda's Suzuka track.

Kyodo said Fuji's pullout could lead to Suzuka hosting the Japanese grand prix every year, despite the manufacturer no longer fielding its own F1 team.

Toyota has been hit hard by the global recession and is currently operating multi-billion dollar losses.
Rumors Archives
2000 2001 2002 2003
AutoRacing1 Inc. BBB Business Review

Search Rumors
Search Help

Banner 10000012