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Audi, Porsche have decided to enter Formula 1, says Volkswagen CEO

05/02/2022

Less than a minute

2022.05.02 12:22

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Audi, Porsche have decided to enter Formula 1, says Volkswagen CEO
Porsche logo is seen during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Michaela Rehle/Files

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BERLIN (Reuters) – Volkswagen (ETR:VOWG_p)’s premium brands Audi and Porsche have decided to join Formula 1, said Volkswagen Chief Executive Herbert Diess on Monday.

He added that Porsche’s preparations to enter the highest class of international motor racing were a little more concrete.

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05/02/2022

Less than a minute