F1 is in crisis and we mean it! Honda left F1 last year and BMW badge will no longer be seen in F1 and now Toyota have pulled out of F1 with immediate effect. The position at Renault is also quite bleak. Bridgestone have not extended their contract which presently exists till the end of 2010. With three major brands out of the sport in the future, F1 is still not in crisis as three new teams are making their entry next year but does it hold good for the sport’s future?

» Read more: Toyota Quit F1; Renault expected to follow suit; Bridgestone to quit after 2010