<p><a href="http://us.rd.yahoo.com/dailynews/rss/sports/*http://news.yahoo.com/s/ap/20091104/ap_on_sp_au_ra_ne/car_f1_toyota_pullout"><img src="http://d.yimg.com/a/p/ap/20091104/capt.6954becee4bc4ac5a22710a3dcacd95c.japan_f1_toyota_pullout_tok101.jpg?x=130&y=84&q=85&sig=rGW5n6vgKQiD9rWKlNjO3Q--" align="left" height="84" width="130" alt="FILE-In this Aug. 29, 2009 file photo, Toyota driver Jarno Trulli of Italy steers his car during the qualifying session ahead of Belgium's Formula One Grand Prix in Spa-Francorchamps circuit, Belgium. Toyota plans to pull out of Formula One racing, the Mainichi newspaper reported Wednesday, Nov. 4, 2009. Toyota would follow Honda as the second major Japanese automaker to withdraw from the sport. Honda pulled out in December last year, citing a slowdown in the global economy. (AP Photo/Michel Spingler, File)" border="0" /></a>AP - Toyota Motor Corp. announced Wednesday it is pulling out of Formula One racing, citing a need to cut costs and focus on its core business.</p><br clear="all"/>