Volkswagen decides against entering Formula One
That was much ado about nothing, wasn’t it?
About a month ago, word leaked out that Volkswagen was looking into entering the world of Formula One in the future, possibly as early as 2013. The company even put some legs to this report when Volkswagen motor racing chief, Kris Nissen, remarked that one of Volkswagen’s brands could make its way to Formula One. "Within the group, for sure, it could be Audi, it could be Porsche and might also be Volkswagen," he said. Talks even escalated to the point that the company held a meeting to discuss the likelihood of Volkswagen entering Formula One.
Now it looks like those meetings are done and those optimistically hoping for VW to find its way into the most glamorous racing series in the world will be disappointed to know that the German auto giant has scuttled all plans of entering Formula One. Turns out, according to the Frankfurter Allgemeine Zeitung, the decision to drop the F1 plans came from the company chairman himself, Ferdinand Piech.
We don’t know what prompted Volkswagen to drop their F1 plans, especially since their entry would have generated a ton of interest both from casual fans and die-hards alike. As soon as we find more information, we’ll be sure to let all of you know.