News Details

VW chief steps down and F1 speculation grows

Once again, the Volkswagen-to-Formula 1 speculation are gathering speed. At the Bahrain grand prix, Bernie Ecclestone was told of rumours that as long as he is chief executive, Volkswagen Group chairman Ferdinand Piech was refusing to consider bringing a brand like Audi into formula one. 'Nobody has told me that,' the F1 supremo responded, 'but if that's the case, I'll leave. I'd be happy to step down immediately. I'm absolutely serious.' But now, Ecclestone's withdrawal will no longer be an obstacle, because after an internal power struggle at the German car-making giant, Piech has stepped down. 'The mutual trust that is needed for successful cooperation no longer exists,' Volkswagen's...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Volkswagen chief quits, opens door for Formula 1...

The chairman of Volkswagen, Ferdinand Piech, has quit – effectively...
10y ago from Motorsport.com

Volkswagen Chairman exit, green light for VW or Audi...

He was unexpectedly isolated in a five-to-one vote of Volkswagen’s...
10y ago from ThisIsF1.com

VW chairman Piech quits, opening door for F1 entry

Volkswagen Automobile Group (VAG) chairman Ferdinand Piech has surprised...
10y ago from GrandPrixTimes.com

Boardroom power shift moves VW closer to F1

Internal boardroom power struggle deep within the VW Group appears to have...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...

Popular On TotalWRC.com

Solberg steals the show on Saturday

Oliver Solberg and Elliot Edmondson continued where they left off on...
19h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arsenal and Manchester United enter race to sign...

Arsenal and Manchester United are reportedly interested in signing Levante...
3h ago from SportsKeeda.com

'That’s a big factor' - Jermain Defoe explains why...

Premier League cult hero and former striker Jermain Defoe has offered an...
4h ago from SportsKeeda.com

Selection decisions for Arteta as Man Utd visit

Morning. It's a big one today as Man Utd come to town for our first home...
5h ago from Arseblog.com

Arsenal step up interest in midfielder but he is...

Arsenal are closely monitoring the progress of Víctor Valdepeñas, one of...
7h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.