MAY 13, 2006

A little to spare

Formula 1 folk like to look at the Toyota team as an organisation that is not making the most of the investment being made by the company and some of the spin merchants in the paddock would have you believe that Toyota worries about the costs of F1. Last week the company announced its financial results for 2005-2006 that offers an insight into the company. The company announced sales of $181bn and a profit after tax of $12.5bn, a fourth consecutive record. The company increased its sales in the United States by 15% to 2.6m vehicles.

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