RANCHO CUCAMONGA, Calif.—Race fans throughout North America won't be seeing the familiar blue-and-teal colors in 2023 that Falken Tire-backed competitors have sported over the past couple of decades.
Sumitomo Rubber Industries Ltd.'s Falken Tires subsidiary has decided to drop its participation in Formula Drift and Amsoil Championship Off Road racing in 2023, ending Falken's 19-plus years of participation in American motorsports.
Instead, Falken will redirect resources previously earmarked for motorsports into marketing efforts that support the launch of new products.