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Volkswagen: No to Formula 1!


Volkswagen has ruled out an engagement in Formula One.

The FAZ newspaper, citing definite but unnamed sources, now says Volkswagen chairman Ferdinand Piech has decided the marque will not be entering F1.

Interestingly, the report said Red Bull and McLaren had expressed their interest in being supplied engines by Volkswagen.

FAZ said VW is still interested in entering the world rally championship, as well as operating two programmes – with Porsche and Audi – at Le Mans.