Europe:BMW to disappear Formula One at end of season

BMW
German car maker BMW has announced it is to pull out of Formula One at the end of the present season after a "landmark" decision to restructure the group's motorsport actions was made by the company's board in a meeting on Tuesday.

A statement on the BMW Sauber F1 Team's official Web site stated that the Formula One campaign is [no longer] a key supporter for us and that current development in motor sport had resulted in the conclusion.

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