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1. Toyota drops Formula One to cut costs

Abstract: TOKYO - Toyota Motor Corp. last week said it is abandoning its Formula One racing effort because it needs to cut costs and focus on its core business. “Based on the current economic environment, we realize we have no choice but to withdraw from Formula On ...
Date: 11/08/2009
Score: 0.77
Section/Page: Business
Byline: THE ASSOCIATED PRESS


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