TOKYO — Toyota is returning to Formula 1 after 15 years as the Japanese automaker becomes a ''technical partner'' of American racing team Haas.
There will be Toyota branding on the Haas cars starting from next week's United States Grand Prix in Austin, Texas, and the auto giant's racing division will provide ''design, technical and manufacturing services'' to the North Carolina-based team.
This doesn't mean a return of the Toyota works team which raced in F1 for eight seasons until 2009, however.
Toyota Chairman Akio Toyoda, speaking Friday, suggested he had second thoughts about pulling out of F1. But not for obvious reasons.
''I think that, somewhere deep in his heart, that ordinary older car-loving guy Akio Toyoda had always regretted having blocked — by pulling out of F1 — Japanese youths' path toward driving the world's fastest cars,'' he said.
And then he added: ''That said, with the media watching my every step, I dare to add that I still believe my decision as the president of Toyota to withdraw from F1 was not wrong.''
Haas will still race under its own name and Toyota isn't going to be supplying engines like it did for other teams in the 2000s.
Haas already has an agreement to use Ferrari engines through 2028 as part of an existing partnership which dates to Haas' first F1 season in 2016. Haas previously extended its Ferrari deal in July to cover the new F1 regulations coming in 2026.