Audi & Porsche Set To Break Ground on F1 Entry As Volkswagen CEO Makes Major Sport-Changing Revelation

Published 05/02/2022, 8:35 AM EDT
Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir, Bahrain – March 18, 2022 Red Bull’s Sergio Perez and McLaren’s Lando Norris during practice REUTERS/Thaier Al-Sudani

Formula 1’s interest in recent years has been on the rise, without a doubt. The sport is attracting newer fans and some of the biggest car manufacturing companies as well. German company Volkswagen has been in talks with Formula 1 over some period now. Company’s Chief Executive Herbert Diess revealed that Audi and Porsche owned by Volkswagen are ready to step up their interest in joining F1.

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The Porsche name is synonymous with top quality and performance. This has been a staple of their brand since the company began. In addition to creating some of the most iconic vehicles in history, Porsche’s involvement in Formula 1 stretches back to the 1957. However, despite success with McLaren from 1984 to 86, Porsche withdrew from F1 after that.

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DIVE DEEPER

F1 CEO Acknowledges Multiple Requests From Teams Amidst Recent Andretti Interest

2 months ago

Porsche and Audi ready to enter Formula 1

There have been rumors over several months that both Audi and Porsche are in line to join the pinnacle of motorsport. Earlier, F1 CEO Stefano Domenicali also stated that multiple companies are ready to invest in the sport. He said, “There are those who have been very explicit in airing their request, such as Andretti, and others who prefer to remain silent.

As Herbert Deiss confirmed Audi and Porsche’s interests, he also revealed that Porsche’s interest is very concrete. Reuters revealed Porsche intends a partnership with Red Bull despite their introduction of Red Bull power trains this season.

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Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir, Bahrain – March 18, 2022 McLaren’s Lando Norris during practice REUTERS/Hamad I Mohammed

Meanwhile, rumors suggest Audi is offering $556.30 million for McLaren. But McLaren CEO Zak Brown revealed they are not for sale. “If they decide (to come in) then there’s a conversation to be had but at this point we don’t want to have any conversations until we know someone is committed to the sport,” he stated.

The Woking-based team uses Mercedes engines currently, but that could change in 2026. Meanwhile, Domenicali also confirmed that Formula 1 is not looking to add more teams. Hence, Audi and Porsche could only enter as power unit manufacturers.

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With Volkswagen ramping up their interest, many believe it is only a matter of time before they enter Formula 1. However, reports also suggest that the company is evaluating its Formula 1 option only for the future. Will Volkswagen enter the sport? We will have to wait and watch.

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Rahul Madhavan

269 articles

Rahul Madhavan is a Formula 1 writer at EssentiallySports. After completing his Bachelor's degree in business administration, he is pursuing his love for sports in the form of writing. Rahul is an avid McLaren fan, who also enjoys writing about soccer.

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