Audi and Porsche could get VW's approval to join F1 soon:
is likely to give the green light for the two brands to make their entry into motor racing's Formula One at a meeting next week, two sources familiar with the matter said on Thursday.
"We will hopefully be able to communicate our intention to enter into Formula One then," one of the sources said, with the second adding there was a"good chance" of a positive decision.There has long been talk of Audi and Porsche forming partnerships with existing Formula One teams, their most likely method of entry into the highest class of international racing.
Audi will offer around 500 million euros for McLaren, one source said, while Porsche intends to establish a long-term partnership with racing teamVolkswagen has not previously been involved in Formula One but has worked with Red Bull, notably in the world rally championship. McLaren and Red Bull were not immediately available to comment.
A source told Reuters in November that Volkswagen's ultimate decision will rest on whether Formula One follows through on its plans to switch to synthetic fuels by 2026, and on McLaren's progress regarding electrification of its vehicles.
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