Toyota Motorsport announced that the company has abandoned plans to collaborate with Hispania Racing Team for the 2011 season and is instead chasing up unpaid amounts owing from their brief cooperation.
The struggling Spanish team was intending to use a version of the stillborn TF110 chassis, which went unused when Toyota pulled out of the recently completed 2010 season, as the basis for a combined tilt including a Cosworth engine and Williams gearbox as a shortcut to a respectable package for 2011 season.
But a Toyota statement was announced to the press:
"Toyota confirms that all cooperation with Hispania Racing F1 Team (HRT) has been terminated and will not resume. It regrets that HRT has not met its contractual payment obligations and will pursue all available options to reach a satisfactory conclusion to this matter."
If the Toyota deal really is dead then the only realistic option the team will have is to use this year's Dallara-built cars once again dooming another struggling season for the Spanish Team.