Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

No strategy and a beige suit

Read more

THE WORLD THIS WEEK

The World This Week - 29 August 2014 (part 2)

Read more

THE WORLD THIS WEEK

The World This Week - 29 August 2014

Read more

ENCORE!

Alain Choquette: A Hilarious Magician in Paris

Read more

FOCUS

France welcomes Iraqi Christian refugees

Read more

FRANCE IN FOCUS

Emmanuel Macron: A new economy minister with a pro-business agenda

Read more

THE OBSERVERS

More of this year's best Observers stories

Read more

#TECH 24

Changing the world, one video game at a time

Read more

IN THE PAPERS

Socialist Party summer conference kicks off in explosive atmosphere

Read more

  • EU leaders choose Tusk and Mogherini for top jobs, discuss Russia sanctions

    Read more

  • Dozens of UN peacekeepers still held by Syrian jihadists

    Read more

  • Opposition protesters clash with Pakistani police outside PM's house

    Read more

  • Austerity row overshadows French Socialist’s annual rally

    Read more

  • Egypt sentences Brotherhood leader Badie to life

    Read more

  • Ceasfire allows Gaza families to relax on the beach

    Read more

  • S. Africa condemns 'military coup' in Lesotho

    Read more

  • Kerry calls for 'coalition of nations' to battle IS militants

    Read more

  • Ukrainian plane with seven on board crashes in Algeria

    Read more

  • Exclusive: Fabius warns Russia of more sanctions

    Read more

  • IMF backs Lagarde amid French corruption probe

    Read more

  • Ebola drug ‘ZMapp’ heals all monkeys in study

    Read more

  • British killer escapes from French psychiatric hospital

    Read more

  • Police hunt for British boy with brain tumour taken to France

    Read more

  • Ukraine to relaunch NATO membership bid

    Read more

  • Suriname leader’s son pleads guilty to courting Hezbollah

    Read more

  • Mapping Ukraine: Canada and Russia in ‘tweet for tat’ row

    Read more

BMW to quit F1 at end of season

Video by FRANCE 24

Text by NEWS WIRES

Latest update : 2009-07-30

BMW announced on Wednesday its decision to pull out of Formula One at the end of the current season, due to a "new strategic direction" in the group. With just eight points, the German team is in last position in this current championship.

AFP - German car manufacturer BMW announced on Wednesday that they will pull out of Formula One at the end of this season.

"The BMW Group will not continue its Formula One campaign after the end of the 2009 season," the Formula One team said in a statement.

The decision is a result "of the new strategic direction of our business", said BMW chairman and CEO Norbert Reithofer.

"Resources freed up as a result are to be dedicated to the development of new drive technologies and projects in the field of sustainability," the statement said.

"BMW will continue to be actively involved in other motor sports series."

BMW drivers Nick Heidfeld and Robert Kubica have just eight points between them this season to leave their team last in the constructors' championship.

Date created : 2009-07-29

COMMENT(S)