- Panasonic Toyota Racing was a Formula One team owned by Japanese car manufacturer Toyota and based in Cologne, Germany
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Toyota Racing facts
- Toyota announced their plans to participate in F1 in 1999, and after extensive testing with their initial car, d믭 the TF101, the team made their debut in 2002
- The new team grew from Toyota's long-standing Toyota Motorsport GmbH organisation, which had previously competed in the World Rally Championship and the 24 Hours of Le Mans
- Despite a point in their first-ever race, Panasonic Toyota Racing never won a Grand Prix, their best finish being 2nd place, which they achieved five times – in 2005, 2008 and 2009
- Toyota drew criticism for their lack of success, especially after the 2006 Formula One season, in which the team's best result was 3rd place in the Australian Grand Prix
- Toyota was a well-funded team, but despite this, strong results had never been consistent
- On November 4, 2009, Toyota announced its immediate withdrawal from Formula One, ending the team's involvement in the sport after eight seasons
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