Porsche Sees F1 Less Attractive After Mosley Scandal
Like 'burning money'
By Thami Masemola
April 19, 2008 7:59 PM
Filed Under: F1, German, Motorsport, Porsche
Max Mosley’s scandalous personal life has been the final catalyst that convinced Volkswagen and its parent Porsche AG that Formula One has gone to the dogs. And the dogs don’t want it. VW chairman Ferdinand Piech told German magazine Stern: "300 million euros a year -- that is just burning money.”
The magazine quoted Wolfgang Porsche as saying: "And after the affair with Max Mosley and the women it would not be very savoury to get involved [in Formula One] now."
Porsche and/or VW, either as brands or through their other brands, had been rumoured to be considering a return, once again, to F1 after its last attempt in 1991 ended in disaster as it provided engines to the Footwork team (Arows) and never won one point.
Mosley’s woes are ongoing and there is now a legal wrangle involving News of the World, the newspaper that is credited as being the first to report on the scandal. Mosley is understood to be resisting calls (BMW and Mercedes-Benz, as well as the Automobile Association of America) for his resignation, but no one knows for sure how long the 68 year-old Briton he can hold out for.
It would be of great interest to discover who or what was behind the professional surveillance put on Mosley. Word suggests that he was forewarned that he was being followed, but took no real heed of the warnings.
View Comment Rules
Add Comment
- BMW 7 Series M Sport Receives Matt Black Trim Treatment by EAS
- Stig Approved: Caterham Superlight R500 – for £19.50
- Mercedes' AMG Division Considering Diesel?
- Bentley Unveils World’s Most Luxurious Charity Bus
- Porsche Cayman X-Wide by XTR Carchip
- 2011 Mercedes C-Class Facelift Latest Spy Photos
- Superchips Golf GTi MkVI ECU Remap Adds 44bhp
- Try outrunning this! F999 Police Car Unveiled
Latest F1 News
BMW Announce Deal to Sell F1 Team to Peter Sauber
Nov 27, 09 4:30 PM
Alonso works hard to win Ferrari 'confidence'
Nov 27, 09 4:00 PM
Canada GP return to be announced on Friday
Nov 27, 09 4:00 PM
Force India retains Sutil, Liuzzi
Nov 27, 09 4:00 PM
Ecclestone denies reviving Donington GP bid
Nov 27, 09 4:00 PM
Toro Rosso seat for Hartley possible - brother
Nov 27, 09 4:00 PM
American investors to rescue Sauber - report
Nov 26, 09 8:00 PM
Conway, Ericsson to test for Brawn at Jerez
Nov 26, 09 7:00 PM
Hamilton not worried by McLaren-Mercedes split
Nov 26, 09 6:30 PM
Wolff reveals rejected Williams investors
Nov 26, 09 6:00 PM














