News Details

VW chief steps down and F1 speculation grows

Once again, the Volkswagen-to-Formula 1 speculation are gathering speed. At the Bahrain grand prix, Bernie Ecclestone was told of rumours that as long as he is chief executive, Volkswagen Group chairman Ferdinand Piech was refusing to consider bringing a brand like Audi into formula one. 'Nobody has told me that,' the F1 supremo responded, 'but if that's the case, I'll leave. I'd be happy to step down immediately. I'm absolutely serious.' But now, Ecclestone's withdrawal will no longer be an obstacle, because after an internal power struggle at the German car-making giant, Piech has stepped down. 'The mutual trust that is needed for successful cooperation no longer exists,' Volkswagen's...
Full Story »
11y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Volkswagen chief quits, opens door for Formula 1...

The chairman of Volkswagen, Ferdinand Piech, has quit – effectively...
11y ago from Motorsport.com

Volkswagen Chairman exit, green light for VW or Audi...

He was unexpectedly isolated in a five-to-one vote of Volkswagen’s...
11y ago from ThisIsF1.com

VW chairman Piech quits, opening door for F1 entry

Volkswagen Automobile Group (VAG) chairman Ferdinand Piech has surprised...
11y ago from GrandPrixTimes.com

Boardroom power shift moves VW closer to F1

Internal boardroom power struggle deep within the VW Group appears to have...
11y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Longtime IndyCar team owner Dennis Reinbold passes...

Dreyer and Reinbold Racing announced Sunday that the team’s owner and...

IndyCar Officiating details infraction severity levels

IndyCar Officiating has released more specific information regarding the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal handed major boost as sought-after 50m star...

Arsenal are interested in signing Manu Kone from AS Roma. The Frenchman...
3h ago from CaughtOffside.com

Arsenal interested in untouchable Real Madrid target...

Arsenal are interested in signing the Spanish defender Ivan Fresneda from...
4h ago from CaughtOffside.com

Journo confirms Man United and Arsenal midfield target...

Tottenham have reportedly entered the race for Newcastle United midfielder...
13h ago from CaughtOffside.com

Insider confirms £280k per week Arsenal star is being...

Kai Havertz has reportedly emerged as a name on Bayer Leverkusen’s...
14h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.