Toyota to leave Nationwide and Truck Series?

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Toyota to leave Nationwide and Truck Series? UPDATE: Toyota appears ready to withdraw its financial support of NASCAR Truck and Nationwide teams, though continuing engineering support, in the wake of General Motors' decision to join Ford and Chrysler in withdrawing all but engineering support for those two NASCAR tours. There has been no specific comment on that yet from Toyota executives.(MikeMulhern.net)(6-22-2009)
UPDATE: Word in the Infineon Raceway garage over the week was that Toyota has decided to follow its three corporate rivals and pull all but engineering and technical support and parts supplies from the two NASCAR tours. Lee White, head of Toyota' racing development operations: "Toyota and TRD have been in the process for over a year, of adapting our series support for the Truck/Nationwide programs to be appropriate to the value of each series. Our process in the future will not be determined by other manufacturer's actions but by the value delivered by each series. At this point there is no plan to change our involvement for the remainder of this season. As always we will re evaluate each series over the winter and could make appropriate adjustments."(MikeMulhern.net)(6-22-2009)

Can't really blame them, just following suit with the other 3.

Yep, it makes sense. It's a shame for all of them to be in that position.

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UPDATE 2: Toyota has no plans to leave the Nationwide or Truck Series as has been reported and speculated. Lee White, who heads Toyota Racing Development, said the Japan-based manufacturer has eliminated its financial support in both series over the past couple of seasons. But technical, he added, support continues. "We're not going out of the series," White said. "We're not leaving. In fact, as we kind of moderated our involvement we gained truck count and car count in [both series]." White said it's unfair to say Toyota is following other manufacturers that have pulled financial support from the Nationwide and Truck series over the past few months.(ESPN Insider)(6-24-2009)