Formula 1 CEO Stefano Domenicali claimed Volkswagen entering the sport through Audi and Porsche will give it credibility in terms of its relevance to the future of mobility. The subject of Audi and Porsche entering F1 has been a long-discussed matter, with the latest report claiming Porsche will be entering the sport via a joint venture with Red Bull by which they take over a 50% stake in the team, while Audi is reportedly in talks with Sauber regarding a collaboration through Alfa Romeo. Both companies, part of the Volkswagen group, are also awaiting the finalization of the 2026 new power unit regulations before putting pen to paper on their well advanced agreements. Speaking to investors...
Full Story »