VW: F1 too unsettled to enter

The Volkswagen Group will not enter Formula 1 until the ownership of the sport and the technical regulations are settled, according to its motorsport boss Wolfgang Durheimer.
VW has repeatedly been linked with taking one of its brands into Formula 1, but it currently focuses on the World Endurance Championship, World Rally Championship and GT racing.
“Formula 1 is not on our agenda right now,” said Durheimer, reported by Autosport’s sister title Autocar.
“The situation is not predictable enough to make the kind of investment required.
“On the regulations front there are a lot of rumours around the engine side and the supporting technology side.
“Before you commit the kind of money needed you must see five years of rules stability – there can’t be the possibility of rules changes, of more or less engine cylinders coming in, or the hybrid system changing away from technology you are developing on road cars.”
Away from the racing side, the controlling shareholder in F1, CVC Capital Partners, has indicated in recent months that it could sell the sport, with F1 chief executive Bernie Ecclestone understood to be pushing for a change of ownership.
“On the ownership side there is also big questions the sport must answer,” said Durheimer.
“If you are a big business making a big investment you expect to have some influence on the set-up, with an assurance the present ownership will last.
“In F1 it seems the owners will not be there forever and that creates some instability.”

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.