VW to eye F1 only if costs are lower - official

Post Reply
User avatar
Kev
Administrator
Posts: 5067
Joined: Fri Jul 25, 2008 5:25 pm
I drive a: GT 2.0 TSI
In: Rising Blue
With a: DSG box
Options: Leather, cruise, parking sensors, folding mirrors, flat tyre indicator
Sadly replaced in Nov '16 by a TTS!
Location: Oxford

VW to eye F1 only if costs are lower - official

Post by Kev »

An official of the German luxury car brand Audi has hinted that parent group Volkswagen might enter formula one if the costs continue to come down.

Reinhold Carl, managing director of Audi Singapore, is quoted by the Straits Times newspaper as musing that while budgets are dropping, teams still need to fork out "well over a hundred million euros" for an annual F1 programme.

"If the cost is lower, it will be more manageable," he told reporters.

However, after car marques including Jaguar, Honda and BMW pulled out, amid rumours that Toyota and Renault might soon follow, Carl admitted that the gains from being on the grand prix grid remain vague.

He reckons that if VW was to decide to field a team, it would be branded either Porsche or Audi "or even Volkswagen".
Post Reply