Toyota recall won’t affect NASCAR

The head of Toyota's racing effort says the company's massive recall announced this month and subsequent losses won't affect the manufacturer's NASCAR teams. "Our program is pretty well set," Lee White, president of Toyota Racing Development, said Friday. "Our program involves technical support more so than writing checks. TRD is very good at managing our budgets. … I honestly don't think there will be any impact on the motorsports program. But we, like everybody, have to be smart and keep our programs where they're success-oriented that reward winning, that reward good results and not just be out there for fun." On Jan. 21, Toyota recalled 2.3 million U.S. cars and trucks and halted production of eight models this week following reports of an accelerator pedal defect. Shares of Toyota stock have fallen 17 percent since the recall, according to a report on And one industry insider familiar with inner workings of the manufacturer said Toyota was losing $500 million for every week assembly lines remain idle. Fox Sports

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