Good News! Audi And Porsche To Enter Formula 1
by Sebastian Cenizo Formula One
And they'll be backing McLaren and Red Bull.
The report claims that the Volkswagen supervisory board's approval is all that's standing in the way of Audi and Porsche joining the sport, with Audi said to be interested in taking over McLaren assets, including its motorsport division and automotive arm. The report further continues that the diligence phase has not yet begun but that lawyers on both sides are in talks. One of the main stakeholders at McLaren, Mumtalakat Holding Company, is apparently willing to sell the cash-strapped automaker. So how would F1 fit into the plans? It seems that Audi and Porsche will join the sport as powertrain suppliers as
wetten.com mentioned in their latest Formula 1 post, with Audi powering McLaren and Porsche said to be working on an arrangement with Red Bull Racing, likely to commence after the latter's consultancy with now-retired engine supplier Honda comes to an end.
https://carbuzz.com/news/good-news-a...nter-formula-1