Lotus are hoping to have their 2010 driver line-up signed and sealed by the end of November with Jarno Trulli coming in as one of the favourites.
Jenson Button says it is "sad" that Toyota had left F1, adding that although new teams are arriving they won't be in the same league at the start of their F1 careers.
Toyota's withdrawal from F1 may have left Kamui Kobayashi without a 2010 race-seat but the Japanese driver hasn't given up on his Formula One dream.
Jarno Trulli says Toyota's decision to quit Formula One was not a surprise.
Ferrari have blamed "those who managed Formula 1 over the past few years" and not the economic crisis for Toyota's decision to leave Formula One.
The FIA are to revisit the recently imposed cost-cutting measures in the wake of Toyota's departure from Formula One.
Toyota President Akio Toyoda has offered his "deepest apologies" to the team's fans after they failed to reach their targets in F1.
The Toyota Motor Corporation has released the following statement following its decision to leave Formula One.
Formula One has been rocked by yet another withdrawal after Toyota announced that it is quitting the sport with immediate effect.
Toyota are set to become the second manufacturer to pull out of Formula One this year, according to media reports.
If he doesn't land a Toyota race-seat for next year's Championship, Kamui Kobayashi could be working in his father's sushi restaurant instead of racing.
Kamui Kobayashi has almost certainly guaranteed himself a place in F1 for next season after impressing Toyota motorsport boss John Howett.
Kamui Kobayashi claimed his first ever F1 points in the season-ending Abu Dhabi GP, putting his name in the hat for a 2010 Toyota race-seat.
There were points in Abu Dhabi for Kamui Kobayashi, Jarno Trulli and Sebastien Buemi while Nico Rosberg narrowly missed out.
There were top ten places in the Abu Dhabi qualifying for Jarno Trulli, both BMW drivers, Nico Rosberg and Sebastien Buemi.