Ford to quit World Rally Championship

Ford to quit World Rally ChampionshipBerlin: The World Rally Championship (WRC) will miss Ford next season after the American constructor announced it was quitting due to economic reasons.

"It`s better for the company and the Ford marque to pull out of the World Rally Championship," Ford Europe`s vice president Roelant de Waard wrote on Facebook Monday, reports Xinhua.

According to de Waard, the decision was made on economic reasons with Ford sales in Europe down by 19 percent in this year`s first set of figures.

Ford, whose Finnish driver Jari-Matti Latvala is placed third in this season`s standings, will however continue to supply M-Sport organisation, its partner in the championship, with cars and engines.