Volkswagen Closes In On Deal To Take Over Red Bull F1 Team

German car giant Volkswagen is close to agreeing a deal to take over the Red Bull Formula 1 team, says BBC F1 chief analyst Eddie Jordan.

The agreement would see VW buy the team and build its own engine, while Red Bull continues as a major sponsor.

Jordan says a VW engine would not enter F1 until 2018 and Red Bull would use Ferrari power in the interim.

The team will split with current engine partner Renault after this season, ending their contract a year early.
 

W208 - 9/21/2015 1:20:59 PM

+7 Boost

The may wanna reconsider considering the cash they're going to have to come up with for the fines.

carsnyc - 9/21/2015 2:53:04 PM

+4 Boost

LOL, the little reputation left is gone for VAG

Dr550 - 9/21/2015 3:36:39 PM

-1 Boost

Smart move. MB receives world wide brand exposure through F1. Audi to F1, keep Porsche in LeMans.

USNA1999 - 9/21/2015 5:23:03 PM

+6 Boost

Not sure VW will have any money left after this fiasco.