UPDATE 1-Motor racing-BMW exit no surprise to F1 governing body

Newswire

* Governing body not surprised by BMW exit * FOTA ready to help team survive in F1 * Toyota say they still committed (Adds reaction from Toyota, FOTA, byline) By Alan Baldwin LONDON, July 29 (Reuters) - Formula One's governing body expressed regret but no surprise at BMW's startling exit from the sport on Wednesday and hoped cost-cutting measures would prevent more departures. The Formula One Teams Association (FOTA), which groups the four other manufacturers in the sport, said ...

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