Tags: Formula 1 Team.
Panasonic Toyota Racing was a Formula One team owned by Japanese car manufacturer Toyota and based in Cologne Germany. Toyota announced their plans to participate in F1 in 1999 and after extensive testing with their initial car dubbed the TF101 the team made their debut in 2002. The new team grew from Toyota’s long-standing Toyota Motorsport GmbH organisation which had previously competed in the World Rally Championship and the 24 Hours of Le Mans.