Haas and Toyota collaboration in the making? Here's what's going on

Every once in a while, the story surfaces: 'Toyota plans to return to Formula 1'. As Toyota's World Endurance Championship team prepares to race in Brazil this weekend, the rumours are there again. Indeed, according to media reports, Toyota has held talks to team up with Haas F1, and be active together in Formula 1 from '26. But what is really going on?