Woodrow

Saw this memo on Subarunet today.

FHI to withdraw from FIA WRC after 2008 season
Tokyo, December 16, 2008 – Fuji Heavy Industries Ltd. (FHI), the maker of Subaru automobiles, today announced the withdrawal from the FIA World Rally Championship (WRC) at the end of the 2008 season.
FHI has participated in the WRC together with Prodrive, a motorsports and automotive engineering group in the UK, over the past 19 years to pursue its goal and philosophy in motor sports activities to enhance Subaru brand awareness by showing that Subaru vehicles offer safe, comfortable and pleasurable driving no matter the weather or road conditions, featuring Horizontally-Opposed engine and the Symmetrical All-Wheel drive system as its core technologies, and to transfer results of race-tested technical improvements into Subaru passenger vehicles.
Subaru has won three manufacturer’s championship titles and three driver’s championship titles in its history of rally racing. This has helped enhance the value of the Subaru brand as well as the sales expansion of Subaru vehicles all over the world.
FHI considers it has achieved its original target in WRC participation. However, while considering positioning the WRC activity in Subaru branding strategy towards the future, our business environment has been dramatically changed due to the quick deterioration of the global economy. In order to optimize the management resources and to strengthen further the Subaru brand, FHI decided to withdraw from WRC activities at the earliest timing.
As regards future involvement in rally activities, FHI will continue to support teams and drivers that participate in P-WRC or the Group N category.
President Mori commented that reaching this decision has been an extremely difficult task, not least with regards to the countless Subaru fans that for many years have cheered the legendary Subaru blue liveried Impreza World Rally Car; “We would like to express our sincere appreciation for our fans’ strong and loyal support worldwide. They will remain an invaluable treasure for us.”
Capitalizing on the priceless experience gained throughout the history in the WRC field, FHI will continue to offer Subaru customers products that integrate sheer excitement, safe, comfortable and reliable driving, respect of the global environment and peace of mind based on its philosophy of “Customer comes first.”
About Fuji Heavy Industries Ltd.
Fuji Heavy Industries Ltd. (FHI), the maker of Subaru automobiles, is a leading manufacturer in Japan with a long history of technological innovations that dates back to its origin as an aircraft company. While the automotive business is a main business pillar, FHI’s Aerospace, Industrial Products and Eco Technologies divisions offer a diverse range of products from general-purpose engines, power generators, and sanitation trucks to small airplanes, crucial components for passenger aircrafts, and wind-powered electricity generating systems. Recognized internationally for its AWD (all-wheel drive) technology and Horizontally-Opposed engines in Subaru, FHI is also spearheading the development of environmentally friendly products and is committed to contributing to global environmental preservation.

Uzi Crooklyn

cliff notes please

Will Sol

W-T-F

hell has frozen over.

BuiltforSin

Damn, a lot of companies dropping out of racing.

~Josh

damn thats honda and subie dropping out of dif. racing classes just this week

Atlantis

Saw this on NASIOC this morning.

CLiff's

Due to the economy and financial situations in the auto industry Subaru is pulling out from the 09 rally championship

Daft Punk

dang

JROW

Porsche is also withdrawing form ALMS.

Oh well, they are still in the GT class which is their shit anyway.

Corey

It's sad and disappointing to see, but I'm glad to see that some companies have their priorities right (keeping doors open/not cutting jobs).

JROW

I agree. They can get back into racing when things pick up...