News Details
Volkswagen set for key meeting as F1 rumours ramp up
Volkswagen faces a crunch meeting in Germany today (Tuesday) that could put it on a path to Formula 1 within the next few years. The annual General Assembly and AGM for the VW Group shareholders convenes in Hannover on the back of the shock recent resignation of chairman Dr. Ferdinand Piech. The meeting will include the election of members to the special advisory board of VW and the setting in motion of Piech's replacement. It is likely that a combustible corporate atmosphere will precede any decisions made, after Piech was forced to resign from the board as chairman last month after a plot to oust VW CEO Martin Winterkorn was discovered. Piech will not attend the AGM, and it will instead...
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10y ago from Motorsport.com
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