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Posted By: StuyMac F1 braced for BMW exit announcement - 29th Jul 2009 9:49am
BMW's future in Formula 1 is in serious doubt amid mounting speculation that the German car manufacturer will announce its withdrawal from the sport at the end of this season, on Wednesday.

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Posted By: Brocks Re: F1 braced for BMW exit announcement - 29th Jul 2009 10:06am
There was a press conference earlier at 9am thta confirmed this.

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The German car manufacturer, who took over Sauber in 2005, have cited "current developments in motor sport" as the reason for their decision.

BMW are the second major manufacturer to leave the sport in eight months after Honda's withdrawal in December.

F1 supremo Bernie Ecclestone said BMW had given themselves three years to win the world championship, but they have amassed only eight points this season.


BBC Report
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