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McLaren-Audi F1 deal unlikely, VW talk to more teams

An agreement for Volkswagen's premium brand Audi to join Formula 1 by investing in sports carmaker McLaren is increasingly unlikely to happen, a source familiar to the project told Reuters on Thursday. 'The price expectations are too far apart,' the person said, adding that while the project had not yet failed its prospects are now close to zero. Meanwhile, talks with the racing teams Sauber and Williams are continuing, the person confirmed. Both Audi and Volkswagen declined to comment. Manager Magazin reported earlier on Thursday that talks with McLaren were close to failing after months of negotiations. Volkswagen has not previously been involved in F1 but has worked with Red Bull,...
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