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McLaren set to sign EUR 650m Audi F1 deal
Apr.4 McLaren's Formula 1 team is tipped to sign an incredible EUR 650 million deal with Audi. Following reports the Volkwagen-owned brand was in talks for a EUR 500m technical and engine tie-up with the Woking based team, Germany's Automobilwoche claims the offer has now swelled by a further EUR 150m. Bloomberg reported that a letter of intent could be signed as early as Monday, with Red Bull also said to be close to a F1 deal with another VW brand – Porsche. Before McLaren potentially teams up with Audi from 2026, however, the orange-coloured team is notably struggling with its all-new 2022 car. 'We just don't have enough performance,' team boss Andreas Seidl told...
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