NOVEMBER 30, 1998
Toyota - yes or no?
THERE are conflicting reports around Europe this week about Toyota's plans to enter Grand Prix racing. We have heard that a decision has been made to enter the sport in 2002 with a team based at Team Toyota Europe in Cologne. Our sources say this will be announced in January and that TTE is not only recruiting staff but also installing four brand new engine dynos inhouse for the project. Other sources say that the Toyota main board has still to give the go-ahead for the project and, although F1 staff are being recruited, a great deal depends on whether or not the Le Mans 24 Hours program is a success.