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Volkswagen close to buying Red Bull's F1 Team

Published on 18 Sep 2015 20:19
4
By: Calle Nilsson

Volkswagen is close to agree on a deal to buy Red Bull Racing's Formula One team. This is the claim of Eddie Jordan, current chief analyst for BBC F1 and former team principal of Jordan F1.

It is likely this deal was discussed alot earlier this year within the Volkwagen group, and it is also believed that the only thing holding back the deal was a veto against the plan from former chairman Ferdinand Piech, grandson of Ferdinand Porsche.

According to Jordan, this deal could see Volkswagen buy the austrian team, which is set for a split with it's long time partner and engine supplier Renault, and could lead to Volkswagen enter as a full manufacturer team with it's own engine. Jordan also states Volkswagen would not enter the grid until at least 2018, meanwhile possibly designing an engine fit for the current regulations. In the meantime, Red Bull will likely use Ferrari engines starting from next year.

It is, however, still unclear what of their many brands the Volkswagen group would intend to use, even if Audi appears to be the current favourite. Other likely brands are Porsche and Lamborghini, as both has been in F1 at one point, with Porsche's TAG engine's powering McLaren to several wins in the 80's. Other brands include Skoda, Seat, and luxury brands Bentley and Bugatti.

calle.itw

Posts: 8,527

It would indeed, and Im sure they'd enter to win, but I am yet to believe they actually do have any plans on this. It has been rumoured for quite a few years, yet VW has denied every time. If they do buy Red Bull, I wonder if they'll only own parts of it or and supply engines to a Red Bull Volksw... [Read more]

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Sep 18 2015 - 20:50

F1 News Renault Ferrari McLaren Red Bull Racing

Replies (4)

Black Book

Posts: 1,713
That would be amazing for F1, and a good additional car manufacturer !
- + 0
- Sep 18 2015 - 20:31
- calle.itw
  
  Posts: 8,527
  It would indeed, and Im sure they'd enter to win, but I am yet to believe they actually do have any plans on this. It has been rumoured for quite a few years, yet VW has denied every time. If they do buy Red Bull, I wonder if they'll only own parts of it or and supply engines to a Red Bull Volkswagen Racing, or if they will enter as a full manufacturer, and if they do the latter: which brand will they promote? I, for one, would like the return of Porsche.
  + 1
  
  Sep 18 2015 - 20:50
khasmir

Posts: 893
Weird rumour, more so since Audi has recently confirmed several times they have no interest in F1 atm. So if it would happen I would expect it to be a different VW brand.
But what a weird thing that would be, a VW owned team powered by Ferrari...
Would take several years to develop their own PU.
- + 0
- Sep 19 2015 - 23:53
scf1fan

Posts: 58
VW will probably need to rethink this a bit after today's news. Somehow I don't think the shareholders will be in a happy mood.
- + 0
- Sep 22 2015 - 04:58