News Details

Has Volkswagen bought Red Bull Racing?

Former F1 team owner turned BBC Sport pundit Eddie Jordan has gone on record saying that the Volkswagen Group is on the verge of buying the Red Bull Racing Formula 1 operation. Speaking from Singapore, Jordan said, 'Red Bull and VW have been in on-and-off talks for more than a year and I understand that the fundamentals of a deal for the sale of the team have been agreed.' 'An arrangement whereby VW would take it over, becoming the fourth major manufacturer in F1, and Red Bull would continue to enjoy the high profile that comes from a major sponsorship suits both parties,' added Jordan who is well connected in F1's upper echelons. Which of the Volkswagen brands will become involved in the...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Volkswagen close to purchasing Red Bull Racing F1 team

German Automotive giant, Volkswagen is closing in on a deal to purchase...
10y ago from ThisIsF1.com

Red Bull boss Mateschitz buys Salzburgring

Red Bull's big boss Dietrich Mateschitz is adding another Austrian race...
10y ago from GrandPrix247.com

Volkswagen set for Red Bull team buyout?

The Volkswagen Group is close to completing a buy-out of the Red Bull...
10y ago from Crash.net

Volkswagen closing on Red Bull team buyout?

The Volkswagen Group is close to completing a buy-out of the Red Bull...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Miguel Oliveira reveals what’s ‘more difficult’...

Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...

Popular On IndyCarToday.com

Motorsport legend Alex Zanardi dies aged 59

Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...

Dual-tone Chevy ZR1X pace car revealed for...

The NTT IndyCar Series has revealed the Chevrolet pace car for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mileage in Myles in midfield: why MLS must change...

I’ve been banging the drum for Myles Lewis-Skelly to move into midfield...
1h ago from FreshArsenal.com

Have Arsenal found the keys to unleash Gyokeres at the...

Viktor Gyökeres has divided opinion since arriving, but one thing is...
3h ago from FreshArsenal.com

“It’s a horrible one” - Gary Neville names...

Manchester United legend Gary Neville has named the one fixture in which...
6h ago from SportsKeeda.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.