News Details

VW chief steps down and F1 speculation grows

Once again, the Volkswagen-to-Formula 1 speculation are gathering speed. At the Bahrain grand prix, Bernie Ecclestone was told of rumours that as long as he is chief executive, Volkswagen Group chairman Ferdinand Piech was refusing to consider bringing a brand like Audi into formula one. 'Nobody has told me that,' the F1 supremo responded, 'but if that's the case, I'll leave. I'd be happy to step down immediately. I'm absolutely serious.' But now, Ecclestone's withdrawal will no longer be an obstacle, because after an internal power struggle at the German car-making giant, Piech has stepped down. 'The mutual trust that is needed for successful cooperation no longer exists,' Volkswagen's...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Volkswagen chief quits, opens door for Formula 1...

The chairman of Volkswagen, Ferdinand Piech, has quit – effectively...
10y ago from Motorsport.com

Volkswagen Chairman exit, green light for VW or Audi...

He was unexpectedly isolated in a five-to-one vote of Volkswagen’s...
10y ago from ThisIsF1.com

VW chairman Piech quits, opening door for F1 entry

Volkswagen Automobile Group (VAG) chairman Ferdinand Piech has surprised...
10y ago from GrandPrixTimes.com

Boardroom power shift moves VW closer to F1

Internal boardroom power struggle deep within the VW Group appears to have...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar reveals track design for Washington D.C. event

IndyCar has revealed the track design for the newly-added event in...

David Malukas’ Penske poise earns accolades from...

After just two races with Team Penske under his belt, David Malukas is...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He's dangerous for society' – Patrice Evra labels...

Manchester United legend Patrice Evra has suggested that former Arsenal...
3h ago from SportsKeeda.com

“I don’t care if he’s happy or unhappy” -...

Former Arsenal winger Perry Groves has criticized Mikel Arteta for sending...
3h ago from SportsKeeda.com

Gabriel Martinelli reveals what gives Arsenal...

Gabriel Martinelli has opened up about Arsenal's pursuit of their maiden...
5h ago from SportsKeeda.com

Why do so many people want Arsenal to fail in the...

leaders haven’t won the title in more than 20 years. Yet very few...
4h ago from TheGuardian.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.