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Volkswagen To Discuss Formula 1 Entry This November

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Hans-Joachim Stuck, the former Formula 1 driver who is now Volkswagen‘s represenative for motorsports, said that the automotive conglomerate will meet in November to discuss a foray into Formula 1.

Speaking to the German edition of the Financial Times, Stuck refused to comment further stating” …the (company’s) strategy will be discussed” in the meeting.

Reports state that Porsche or Audi would enter Formula 1 after 2013, likely to avoid both brands competing against each other in LeMans sports car racing. Stuck has also hinted at Volkswagen entering NASCAR.

[Source: Motorsports]