F1 Veteran Journalist Rebuffs Audi Taking $1 Billion Loss by Withdrawing Themselves from the Highly Anticipated Entry

Renowned journalist Joe Saward in his current weblog has shared that Audi has not withdrawn their curiosity in F1. Since their challenge prices roughly $1 billion, the stories of them canceling their entry are seemingly baseless.

Saward wrote in his weblog, “I’m reliably knowledgeable that the rumors about Audi canceling its F1 programme shouldn’t be taken significantly with the challenge going forward as deliberate.”

Saward then additionally added, “Things are just a little behind at the second and there could also be some adjustments to come back in the administration, however the challenge is unquestionably going forward.” Admittedly, there have been stories in French media that mentioned the German big would possibly withdraw their F1 entry after an inner dialogue with the board. However, quickly after these stories emerged, each the Gemrna producer and Sauber have clarified their stance on the similar.

Sauber confirms Audi will be a part of F1 in 2026

Sauber’s managing director Alessandro Alunni Bravi has lately confirmed that Audi is all set to hitch the sport in 2026. The stories of them dropping the plan are baseless as the German producers have a powerful dedication to F1.

Bravi, as per PlanetF1, additionally assured that the determination was made by each the advisory board of Audi and the Supervisory Board of Audi Volkswagen. Therefore, it was a bunch determination.

The German automakers would enter the sport as a Constructor and make their very own engines like Ferrari and Red Bull. They have already acquired stakes in Alfa Romeo and by 2026, it’s anticipated that the German producer would take over the total staff and rebrand it as Audi.