The Formula 1 paddock is abuzz with speculation over a possible return of Toyota to the grid, but F1 CEO Stefano Domenicali has urged caution as the sport considers its future expansion. With the Japanese auto giant absent from F1 for more than a decade, recent partnerships and rumors have reignited hopes of a full Toyota return. Domenicali, however, made it clear that no formal plans had been discussed.
History of Toyota in F1 and recent rumors
Toyota last competed in Formula 1 in 2009 before leaving the sport due to financial pressures during the global economic crisis. However, its motorsport arm, Gazoo Racing, has signed a technical partnership with Haas in 2024, sparking rumors of renewed interest in F1. Although early reports of Toyota entering as an independent team were brushed aside, the automaker has hinted at future ambitions, keeping the F1 community on edge.
Domenicali acknowledged the interest around Toyota but stressed a measured approach.
“We have to be careful and do things calmly. Right now, everyone would like to come in,” Domenicali explained. “For now, there are ten teams, and in 2026, the eleventh team will arrive… Evaluations will have to be made if there are requests. To date I have not heard anything about this, but as always we will evaluate all options. »
The impact of F1’s cost cap on new entrants
One of the key factors making Formula 1 more attractive to potential new teams, including Toyota, is the introduction of the spending cap in 2021. By limiting team spending, F1 has not only leveled the playing field but also transformed the leading teams into profitable entities. Domenicali highlighted this as a “keystone” to attracting interest from large manufacturers.
“After the introduction of the spending cap, the biggest teams are making money and are no longer cost centers or marketing investments. This is very important,” Domenicali noted. The spending cap has changed the perception of F1 from a financial burden to a commercially viable opportunity, prompting manufacturers like Toyota to reconsider their position.
2026: A New Era and New Teams
The grid is already set to expand in 2026 with the confirmed entry of General Motors in partnership with Andretti Global. This eleventh team will mark a significant addition to F1, but it also sets a precedent for future entrants like Toyota. However, existing teams would have to charge a substantial dilution fee to protect their revenue share, potentially making Toyota’s path to the grid more complex.
Domenicali stressed that any new entry would require careful evaluation, both to maintain the competitive balance of the sport and to ensure the financial stability of existing teams.
What Could Toyota Bring to F1?
Toyota’s return would be a significant boost for the sport, given its status as one of the world’s largest automakers. The brand’s expertise in hybrid and sustainable technologies aligns with F1’s commitment to a greener future, particularly under the 2026 engine regulations. Toyota’s return would also add a new layer of competition and of diversity, exciting fans and strengthening F1’s global appeal.
For fans, the idea of Toyota challenging teams like Red Bull, Mercedes and Ferrari is tantalizing. Their history in motorsport, including their dominance in the World Endurance Championship and the 24 Hours of Le Mans, demonstrates their ability to compete at the highest level.
The Road Ahead
Although Toyota has yet to formalize plans to return to F1, Domenicali’s comments suggest the door is open for discussions. However, the process will require patience, assessment and a willingness to navigate F1’s complex financial and competitive landscape.
For now, fans can only wait and speculate. But if Toyota decides to go for it, it could mark one of the most exciting developments in modern Formula 1, adding a new chapter to the sport’s legacy.
Related News :