These were denied by Toyota Motorsport. Their machinery was eventually acquired by Stefan Grand Prix, with TMG support. After a failed bid for the 2010 season, Toyota and Stefan Grand Prix parted ways, closing out any possible chance to see Toyota Racing return in any form to Formula 1. Toyota Motorsport supplies and supports Toyota 3.4L V8s for Rebellion Racing as a partnership with Lola Cars. TMG also runs the Toyota TS030 Hybrid in the FIA World Endurance Championship in conjunction with Oreca as Toyota Hybrid Racing. In 1997, it became the first motorsports business in the world to be ISO 9001 certified. TMG continues with a new business model, offering high-performance development, testing and production facilities for clients in the motorsport and automotive sectors  The company revealed in its annual review that it has developed an electric racing car based on the Radical sportscar, along with Cologne company e-Wolf. The TMG EV P001 was developed using knowledge Toyota Motorsport gained during its KERS development for F1 and used some of the company's dedicated engine dynos, including an 'EV component test rig'. In August 2011 it set a new lap record for an electric vehicle at the Nürburgring Nordschleife of 7mins 47.794secs. The company says this proves the ability of their technology to be competitive in racing, and that they would like to enter an electric championship.