Audi, Porsche have decided to enter Formula 1, says Volkswagen CEO

Herbert Diess added that Porsche's preparations to enter the highest class of international motor racing were a little more concrete.

Reuters

May 02, 2022 / 15:04 IST

Source: Reuters

Volkswagen's premium brands Audi and Porsche have decided to join Formula 1, said Volkswagen Chief Executive Herbert Diess on Monday.

He added that Porsche's preparations to enter the highest class of international motor racing were a little more concrete.

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

Reuters

first published: May 2, 2022 02:53 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347