Toyota and Kingfisher Airlines part ways 02 Jan 2008
Toyota have announced they have agreed to end their relationship with official partner Kingfisher Airlines with immediate effect. The contract between the two parties had been due to continue for another year.
Dr Vijay Mallya, Kingfishers chairman and CEO will now focus his activities on the Force India team, of which he recently became co-owner alongside Dutch entrepreneur Michiel Mol.
I would like to thank Kingfisher Airlines for its support during 2007 and I wish Dr Mallya good luck with his new Formula One venture, said Toyotas chairman and team principal Tadashi Yamashina. I look forward to seeing him next season, even if he is now associated with a rival team.
Toyota are hoping to improve on their 2007 performance next season, after finishing last year's championship in sixth place with 13 points.