News Details

Audi boss rejects F1 exit fears amid VW crisis

Oct.8 Audi CEO Gernot Dollner has rejected suggestions that Volkswagen's deepening financial crisis could threaten the company's Formula 1 project. The VW Group is undergoing a major restructuring, with around 50,000 job cuts planned globally and a sharply reduced 2026 profit outlook. But Dollner told Sport Bild that Audi's F1 operation was deliberately structured to stand apart from those pressures. 'No. The project is completely independent,' he insisted. 'Both from the Volkswagen Group and from Audi as a company. That was and is immensely important to us.' He said Audi built an independent financial model before committing to Formula 1. 'Before taking the step towards Formula 1 three...
Full Story »
Share

You May Also Be Interested In...

Vasseur rejects Hamilton hint over Ferrari bosses

Oct.3 Frederic Vasseur has pushed back against Lewis Hamilton's...
5d ago from OneStopStrategy.com

Formula E boss says electric series can catch F1

Formula E boss says electric series can catch F1Oct.1 Formula E CEO Jeff...
1w ago from OneStopStrategy.com

Fred Vasseur handed impassioned Ferrari job defence by...

Fred Vasseur may be under intense media scrutiny regarding his future...
6d ago from MotorsportWeek.com

Haas boss drops subtle clue towards real reason for...

Haas Team Principal Ayao Komatsu has spoken out for the first time on the...
1w ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Arrow McLaren extends IndyCar partnership with Chevy

Arrow McLaren announced on Tuesday that it has extended its partnership...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal hero Thierry Henry reacts after his fake quote...

Arsenal legend Thierry Henry has dismissed a fake quote attributed to him...
1w ago from SportsKeeda.com

Bastian Schweinsteiger calls out 'mediocrity' as he...

Bastian Schweinsteiger has pointed to how Germany lack 'difference makers'...
1w ago from SportsKeeda.com

How important is a fast start for teams chasing the...

chester City have kicked off the campaign with five victories in a row but...
1w ago from TheGuardian.com

Arsenal captain Martin Odegaard unable to train due to...

Arsenal midfielder Martin Odegaard is unlikely to feature in Norway's...
1w ago from SportsKeeda.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.