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McLaren F1 CEO provides update on Audi takeover bid

McLaren Racing CEO Zak Brown has reiterated that the Woking side have no plans to sell up to Audi amid Volkswagen’s interest in entering Formula 1 in 2026. Volkswagen CEO Herbert Diess has expressed his intention for Porsche to start making engines with a pre-existing team on the grid, clarifying that they need “three or four years” to design and manufacture a proficient engine under a new specification after the current freeze, and Red Bull are thought to be the intended customers. Volkswagen’s other subsidiary, Audi, were linked with the McLaren group last year when it was reported that they had successfully purchased the British motoring giants, but McLaren denied this as...
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