Volkswagen AG CEO officially announced the entry of Audi and Porsche into Formula 1 in his statement today. While it was stated that both brands will enter the world’s most popular motorsport organization as engine suppliers, no date has been given for the first Audi or Porsche motor vehicles.
In the past weeks, Formula 1 followers have witnessed an important development about the news they have been waiting for a long time. Some information obtained from industry sources, within the German giant Volkswagen AG. Porsche and Audi could enter Formula 1 had revealed. Here comes the expected news today.
Volkswagen CEO Herbert Diess announced today that Audi and Porsche will enter Formula 1. officially announced. The CEO stated that the decision will become final once he is convinced that more money will be made in Formula 1. With Volkswagen AG’s entry into the sport, the company became its German rival, which dominated Formula 1 for 8 years. He will challenge Mercedes directly on the track. But neither brand will produce their own vehicles.
Audi goes to McLaren, Porsche goes to Red Bull
According to the shared information, Audi has given a bad start to McLaren, which has made a bad start to this season and is now getting its engine from Mercedes-Benz. 500 million euro offer will present. On the other hand, Porsche is back with Red Bull, which won the drivers’ championship last year. a long-term partnership will aim to establish.
Porsche and Audi’s entry into Formula 1 will not be immediate. The entry of both giants to the pinnacle of motor sports,in a few years‘ will happen. Claims made before, both brands in 2026 He was pointing out that he would enter this world as an engine supplier.
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Source :
https://www.reuters.com/business/autos-transportation/audi-porsche-have-decided-enter-formula-1-says-vw-ceo-2022-05-02/