Audi executive dismisses Formula One speculations image

The Volkswagen AG luxury automaker has recently entered the rumor mill about a possible decision to compete in the prized Formula One championship after Audi attracted former Ferrari team principal Stefano Domenicali in a yet to be known role.

Now, the second-largest premium automaker in the world has moved to dismiss reports and speculations about the possible Formula One entry, as Audi motorsport head Wolfgang Ullrich told a motorsport related website that “there is no decision that we are going in that direction.”

According to Ullrich, Audi’s ongoing motorsport program is momentarily focused only on the World Endurance Championship and the DTM (German Touring Cars) – with the team diligently working on the cars that would compete in the season to come. The motorsport official also confirmed that Domenicali moved at Audi but further detailed that his role had no motorsport ties. The speculation arose as Porsche finally returned in the fabled Le Mans race as a full factory team entry – while Audi, the undisputed leader of the competition, could have moved up the ladder to the world of Formula One. The switch would also make sense as the Formula One regulators have worked for years to reduce costs and the competition’s last race, held in Austin, Texas, only had nine teams at the start, with lower-tied Caterham and Marussia entering administration.

Via Automotive News Europe