(Bloomberg) — Volkswagen AG has opened the door for Audi and Porsche to pursue separate entries into Formula One racing.
Volkswagen’s supervisory and management boards are backing plans for the luxury-car brands to potentially join the competition as early as 2026, the carmaker said Thursday.
A final decision on whether to take part in F1 hasn’t yet been taken, Audi said, adding that it would hinge on the racing competition becoming more sustainable. The deliberations come as Volkswagen Chief Executive Officer Herbert Diess attempts to reduce complexity across the sprawling conglomerate.
Oliver Blume, who heads VW’s Porsche unit, said last month the brand was considering an entry into F1. Dominated in recent years by German rival Mercedes-Benz AG, F1 has outlined plans to become carbon neutral by the end of the decade, which would align the sport more closely with VW’s own climate goals.
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