August 14, 2003
TGM Motorsport today announces its entry to the F1VWC. TGM also confirm a new partnership with Toyota Motorsport for the remaining races of 2003, the price of the engines that TGM will get to pay is undisclosed.

One concern remains for the team as a driver is yet to sign, team manager and founder Thomas Gustavsson comments ?- It is problem, sure we want to compete in Hungary but we have to wait until a driver is signed?.

Gustavsson also commented about the new deal with Toyota saying ?-Toyota may not be the fastest engine but as far as the first test have shown its encouraging?.