Porsche to consider F1 foray says new CEO Mueller

 Porsche to consider F1 foray says new CEO Mueller
Matthias M?ller, the new Chief Executive Officer of Dr. Ing. h.c. F. Porsche AG, Stuttgart 01.10.2010

Another fascinating rumour at the Paris motor show is that Porsche could soon be on the formula one grid.

Earlier this year, it was reported the sports car marque's German parent Volkswagen might enter the sport when the engine regulations change in 2013.

At the time, it was suggested that either Audi or Porsche branding was likely.

Porsche's new chief executive Matthias Mueller was asked at the Paris motor show this week whether it made sense for both Porsche and Audi to compete at Le Mans.

"We do not like to both go into LMP1; that is not so funny," he is quoted by Autocar.

"So therefore we have to discuss whether it makes better sense for one of the brands to go into LMP1, and the other brand into formula one. So we will have a round-table to discuss the pros and cons," added Mueller.

In June this year, Audi's motor sport boss Wolfgang Ullrich said F1 and Audi "do not fit".

Porsche last competed in F1 as an engine supplier to Footwork in 1991.

Mueller also said in Paris that Volkswagen is considering a foray in NASCAR, with talks with the popular American series to reportedly begin after the current season.

Stuttgart-based Porsche's revenues have risen 18 per cent to a record high, totalling EUR 7.8 billion in the latest financial year.

"Porsche will continue the positive trend in the current business year," confirmed outgoing chief executive Michael Macht.

Source: GMM

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 porschecarreragtmay6 porschecarreragtmay6
It's great to see that Porsche is doing well again as a business. I would rather them join LMP1, but F1 is cool too.
October 1, 2010 6:39 am
 mhectorgato mhectorgato
VW in Nascar? That would be interesting ... I guess if Toyota can do it, why can't VW. What "car" would they bring there? The EOS? The CC?
October 1, 2010 7:19 am
 rho88 rho88
Not sure if VW will be well received by the American public though. Toyota employs more then 100,000 Americans in US factories and the Camry was entirely designed in the USA. VW doesn't have any factories in the USA and has nothing Made in USA. It used to have a factory near Philadelphia but it was small and it closed down.
October 1, 2010 9:26 pm
 DdW DdW
A Porsche F1 car? Why not? Bring it on!
October 1, 2010 8:59 am
 Aesthetics Aesthetics
easily possible representing the vag group or volkswagen audi group in the most expensive motorsport
October 1, 2010 10:13 am
 contact_edward contact_edward
Porsche belongs at Le Mans, not F1. It's in their DNA and history. That's just my opinion.
October 1, 2010 2:31 pm
 CheekehMunkeh CheekehMunkeh
Completely concur. They provided the benchmark. But Porsche's new corporate overlords aren't going to allow that to prevent sullying the child closer to their heart, Audi, whose impressive reputation is tainted by the lack of serious competition, including ironically, Porsche! So what does Porsche get to do instead? They get to peddle SUVs and the coming VW badge-engineered models in F1, where manufacturer names only supplement interest, not create it, like in sportscars.
October 2, 2010 4:13 am
 Tennessee Tennessee
Volkswagen is currently investing $1 billion in a new plant in Chattanooga, TN. They are the #1 European car manufacturer and have plans on being the #1 automotive in the world. That's a pretty tall order and an agressive motorsports program will have to be part of the plan. I personally do not think NASCAR fits well with the green image VW wants to portray.
October 3, 2010 2:06 pm
 599FXX 599FXX
Does VW even remember how to build a carburetor? I've heard nascar is considering a massive overhaul to become relevant like the majority of other motor sport series' and maybe this is what attracts veedub?
October 3, 2010 6:16 pm