Volkswagen Considers Entering Formula One

An official of the German luxury car brand Audi has hinted that parent group Volkswagen might enter Formula One if the costs continue to come down.

Reinhold Carl, managing director of Audi Singapore, is quoted by the Straits Times newspaper as musing that while budgets are dropping, teams still need to fork out "well over a hundred million Euros" for an annual F1 programme.

"If the cost is lower, it will be more manageable," he told reporters.

2009 Frankfurt Auto Show Photo Gallery