Tag: formula 1
July 26, 2023
Why did BMW quit Formula 1?
BMW's departure from Formula 1 was a decision rooted in a shift of priorities. They opted to redirect their focus and resources towards sustainability and the development of new technologies for their production cars. The high costs and the economic downturn at the time also played a significant role in this decision. Not to mention, BMW's lack of competitive success in the series also influenced their decision. So, it was basically a strategic move driven by financial factors and future vision.
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