BMW exiting Formula One!

Step to realign the BMW Group and save a ton of cash for other reasons... Such as survival. The BMW Group has now stated it will not continue its Formula One campaign after the end of the 2009 season. Resources freed up as a result are to be dedicated to the development of new drive technologies and projects in the field of sustainability. BMW will continue to be actively involved in other motor sports series. The landmark decision to restructure BMW Motorsport?s activities was made at the Board of Management?s meeting yesterday.

BMW exiting Formula One!
xcel, Jul 29, 2009
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