Toyota isn’t complaining about Max Mosley’s F1 budget cuts anymore

Toyota's Tadashi Yamashina acknowledged there have been worries about Toyota staying in F1.

The maker of the Camry sedan and Prius hybrid has posted its worst ever loss for the fiscal year that ended March 31, battered by a global slump and a surging yen, and is projecting more losses this fiscal year.

Yamashina said the team was still focused on winning F1 races. The company was serious about cost cuts, he added, traveling economy class for some flights and cutting back on menu choices at the canteen.

“We will never give up and hope to someday stand at the center of the podium," he said.