Ford quits V8 Supercars from 2016

Bob Graziano, President and CEO of FoMoCo of Australia, sends the word via an internal email, as scooped by

As we continue to transform our business, we would like to share with you news that will break soon on decisions we are making to ensure a bright future for Ford Australia.

This afternoon, we will announce we will provide support to teams racing Ford Falcons in the 2015 V8 Supercars series but will not renew our sponsorships after the 2015 season.

We are electing to invest our funds to continue expanding and refreshing our product lineup while delivering a leading consumer experience.

At least now there’s no uncertainty.