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

Gresini Racing exploring potential Honda MotoGP...

Gresini Racing are exploring a potential reunion with Honda as a...
14h ago from MotorsportWeek.c...

How Marco Bezzecchi dominated the Brazilian MotoGP to...

New MotoGP championship leader Marco Bezzecchi overcame a "really...
17h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

Watch: Ben White’s reaction goes viral after...

Manchester City’s Rayan Cherki found himself at the center of a heated...
6h ago from CaughtOffside.com

Gabriel Magalhaes injury latest concern as four...

Arsenal’s hopes of a historic treble have been dealt a significant blow...
8h ago from CaughtOffside.com

“It felt like a charity sub” - Wayne Rooney shares...

Wayne Rooney revealed that he felt sad for Manchester City star Phil Foden...
10h ago from SportsKeeda.com

100m-rated Premier League newcomer set to spark...

Rayan has done quite well since moving to the Premier League, and he has...
11h ago from CaughtOffside.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.