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Toyota’s threat

BARCELONA: Toyota is threatening to pull out of Formula One from 2010 because of a dispute over a proposed budget cap.

Team president John Howett said Sunday that unless the teams and FIA could reach an agreement over next season’s cost-cuts, the Japanese team could not guarantee its future in the sport.

“From Toyota’s perspective, there are a number of concerns that really need clarifications before we commit to the future.” — AP

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