Toyota Motor Corp. plans to terminate its top-ranked sponsorship contract with the International Olympic Committee after the upcoming Summer Games in Paris, sources close to the matter said Friday.The world's biggest automaker will not extend the contract it signed in 2015 but does plan to continue supporting athletes and promoting sports in its own way, the sources said.Toyota hopes to retain its contract as a top sponsor with the International Paralympic Committee, but the IOC says sponsors cannot continue with only one of the contracts, they said.The Japanese firm became the first automa…READ FULL ARTICLE
