BMW withdraw from F1
Filed under: Car News
29 July 2009
BMW have announced at a press conference in Munich early this morning that it will withdraw from formula one at the end of the 2009 season. The decision was made at a board meeting 24 hours earlier.
BMW like so many other teams are after success which has not been the case over the past three years failing to much silverware. Many feel the lack of results has resulted in the BMW team pulling out at the end of the season but I also think money plays a huge part as is not cheap to rum a team in F1
This gets us thinking will this be the same case as Honda who pulled out end of last season but was taken over by Brawn could the minority shareholder and founder Peter Sauber may step in and keep the team in operation.