Former Ferrari alliance braces for $600m tag as Audi F1 entry reaches final stages

0

Rumors are almost confirmed without official announcement, but Audi and Porsche will be part of F1. The two German giants will become join the traveling circus as part of the existing teams. However, the transition to the sport will not be complete until the FIA ​​announces the 2026 technical regulations.

ADVERTISING

The article continues below this ad

Similar to the 2022 technical regulations, which made life difficult for a few teams on the grid. However, as the FIA ​​announces the 2026 regulations, the two Volkswagen Group entities are continuing their work. As Joe Saward, a British journalist, reports, Audi will take over an existing team.

ADVERTISING

The article continues below this ad

The existing team is Alfa Romeo under the Sauber umbrella, however, the entire deal is conditional. In his Blogwrites Saward, “The whisper is that the [Audi Sauber] The deal is worth around $450 million and will see Audi acquire 75% of the team’s shares, valuing it at $600 million.

DIVE DEEPER

Lewis Hamilton leaves F1 world shaking with agitated response to ‘That Guy’ Christian Horner remarks against Mercedes

about 10 hours ago

Audi and Porsche have both confirmed that they have started developing engines for the F1 project. Volkswagen CEO Herbert Diess confirmed the entries of the two brands into the world of F1. However, as details emerge, Porsche’s plans are more certain than Audi’s at this time.

However, the CEO confirmed one aspect that will be synonymous with both brands after they enter.

Audi and Porsche to promote Germans in F1

Diess wants to promote German drivers and F1 in Germany by bringing the Grand Prix back to the country. And after their incorporation into the sport, it will be one of the agendas of Audi and Porsche. Currently only Sebastian Vettel and Mick Schumacher are the only two Germans on the grid. However, Diess plans to further increase his influence in the sport with the help of both teams.

ADVERTISING

The article continues below this ad

BAKU, AZERBAIJAN – JUNE 04: Mick Schumacher of Germany and Haas F1 talk to Sebastian Vettel of Germany and Aston Martin F1 Team in the Paddock before training ahead of the F1 Grand Prix of Azerbaijan at Circuit de la Baku city on June 04, 2021 in Baku , Azerbaijan. (Photo by Mark Thompson/Getty Images)

“Of course it is always the case that a driver from the right country can be very successful there and Formula 1 is becoming very popular. I guess we will try to employ German drivers in both our teams for sure” , said Diess. said.

He added, “It helps in the home country, and I also know of plans that we will again have a Grand Prix in Germany, which should also revive Formula 1 in Germany.

ADVERTISING

The article continues below this ad

Watch this story: Max Verstappen maintains insane gap between 03 and 360 Power Move at British GP

2026 is still far away and the agreements are still conditional. However, if all goes according to plan, we may see new teams and new drivers on the grid. An exciting prospect!

Share.

Comments are closed.