Audi and Porsche are likely to be given the green light to enter Formula One, according to reports.
The Reuters news agency quoted two sources within VW Group, parent company of both Audi and Porsche, who said the two brands are keen to enter the sport, and a decision will be made next week following a meeting of the board.
“We will hopefully be able to communicate our intention to enter into Formula One then,” one source is reported to have said. They added that there was a “good chance” the brands’ move into the sport would be approved.
While no-one from VW Group, Audi or Porsche have publicly commented on any potential deals, they are known to have been in the works for some time. McLaren boss Zak Brown (above) said last year that both his company and Audi had been in partnership discussions, and Audi is expected to offer around £422m to buy the McLaren team, according to Business Insider.
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