Ford is leaving NASCAR
in Formula 1 ·
The bankruptcy agreement was officially signed today, which means neither Toyota nor Renault can just pack up and walk away whenever they feel like it. To exit now, they need to find a buyer for the teams—and let’s be honest, finding someone willing to take on outfits of this magnitude is an uphill battle. I could see someone picking up a team like Toro Rosso, but trying to find a buyer for Toyota? That's a much taller order.