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Volkswagen CEO Confirms That Audi And Porsche “have Decided To Enter Formula 1”

Final Up to date on 2 Might 2022 2:08 pm (UK Time)

Herbert Diess, CEO of the Volkswagen Group, has confirmed that its Audi and Porsche manufacturers are set to hitch the Method 1 grid within the close to future. 

In a YouTube video, stay streamed through Volkswagen’s channel, Diess put an finish to months of hypothesis in regards to the two historic names coming into the collection, by suggesting that its rising international enchantment had turn out to be an excessive amount of for them to withstand. 

Nevertheless, the Volkswagen CEO additionally stated the sports activities automotive manufacturers can be taking completely different approaches to Method 1 participation, therefore their entries are at present at completely different levels of completion.

“Formula 1 is developing extremely positively worldwide. If you do motorsport, you should drive Formula 1,” Diess stated in an interview broadcast by Volkswagen.

“We have decided to enter Formula 1,” he added. “At Porsche this is already relatively concrete, at Audi not so much.”

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Method 1’s rising international enchantment

Porsche and Audi’s proposed Method 1 entries comes at a time when the game is seeing an unprecedented increase in recognition world wide.

That is mirrored in 2022’s record-breaking 23-race calendar, and urge for food for holding Method 1 occasions is alleged to be so excessive, that even prestigious races like Monaco rumoured to be dealing with the axe.

In keeping with Diess, the TV present Drive to Survive has been key to driving the collection’ recognition, notably amongst youthful viewers within the US and Asia, the place it has had ‘the greatest effect.’

In addition to the occasion on the Circuit of the Americas and this weekend’s inaugural Miami Grand Prix, American viewers are additionally set to realize one other residence race within the form of the 2023 Las Vegas Grand Prix, which is bound to offer encouragement to the game’s rising fanbase throughout the nation.

But, regardless of this business progress, Diess instructed that Audi and Porsche would wish to attend for an additional main rule change previous to coming into Method 1, as a way to guarantee they’d be aggressive.

 “You can’t get into Formula 1 unless a technology window opens,” stated Diess. “You need a rule change to get in there. You need a new engine development and to make the new engine development, you need three or four years.”

“We assume that in 2026, 2028 it will still be the biggest motorsport spectacle in the world, even more so than today,” he added. “More in China, more in the USA than today and thus also the largest marketing platform for premium vehicles.”

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How will Porsche and Audi enter?

Whereas Aston Martin, Alpine and Alfa Romeo’s current entries to Method 1 had been carried out through the takeover of an present workforce and rebranding workouts respectively, it’s at present unclear how Porsche and Audi intend to proceed with theirs.

With Honda having left the game, leaving Purple Bull with out a devoted engine producer, it’s broadly rumoured that the previous will fulfil this function from 2026, in a transfer that could possibly be introduced on the workforce’s residence Grand Prix in Austria.

If this involves go, it’ll characterize the primary time Porsche has competed in Method 1 since 1991, when it operated as an engine provider to the ill-fated Footwork undertaking.

In contrast, plans for Audi’s potential entry are stated to be much less concrete. The German carmaker has by no means competed in Method 1 earlier than, however The Race reviews that it’s “more interested in a team and its own engine programme.”

Sources have advised Reuters that Audi is able to supply round €500 million for McLaren, a historic title on the grid which has struggled financially lately, though it labelled reviews of a takeover “completely untrue” final yr.

Equally, the likes of Williams, Sauber and even Aston Martin have been linked to Audi buy-outs, but no such deal has come to fruition.

No matter their entry route, provided that Deiss says each Porsche and Audi have begun growth work on their very own Method 1 engines, their plans could nicely turn out to be clear within the coming months.

Are Audi and Porsche’s proposed F1 entries good for the game? Will they be aggressive in the event that they do enter? Who ought to Audi purchase if it needs to hit the bottom working? Tell us within the remark part under.

A Porsche sports car. The manufacturer is set to join Formula 1 alongside Audi.

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