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Wednesday, July 29, 2009

BMW to Quit F1 at the end of 2009



Are u shocked!!!! ya its right BMW shocked everyone by announcing to quit formula one at the end of 2009 as the German carmaker tries to focus on sustainability and the environment, at board meeting held on wednessday.
BMW's exit is the 1st prominent widrawl from the series after Honda quit in December due to tough bussiness competition.
The current championship leaders now use Mercedes engines.



eithofer said"Of course this was a difficult decision for us.But it's a resolute step in view of our company's strategic realignment."
"We will remain loyal to motor sports, but we will do this in series that enable us to transfer technology more directly and to realise additional synergies"



"It only tooks us three years to establish ourselves as a top team with BMW Sauber F1 Team. Unfortunately, we were unable to meet expectations in current season. Nevertheless,our ten years of Formula One experience have had a major impact on or development engineers. We have racing to thank for numerous technological innovations as well as the competitive spirit that drives us to develop mass-produced cars." Added Dr. Klaus Draeger, the member of Board of Management responsible for development.


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