McLaren set to sign EUR 650m Audi F1 deal

Apr.4 (GMM) McLaren’s Formula 1 team is tipped to sign an incredible EUR 650 million deal with Audi.

Following reports the Volkwagen-owned brand was in talks for a EUR 500m technical and engine tie-up with the Woking based team, Germany’s Automobilwoche claims the offer has now swelled by a further EUR 150m.

Bloomberg reported that a letter of intent could be signed as early as Monday, with Red Bull also said to be close to a F1 deal with another VW brand – Porsche.

Before McLaren potentially teams up with Audi from 2026, however, the orange-coloured team is notably struggling with its all-new 2022 car.

“We just don’t have enough performance,” team boss Andreas Seidl told motorsport-magazin.com.

“There is no specific origin – the car works and the base is good. We just lack grip.

“We know we have a performance problem and that’s what we’re focusing on. Our development over the past three years has been very good, now we are being put to the test,” the German added.

Seidl admitted that McLaren is currently “conducting an important analysis of the whole aerodynamic concept”.

Steve Cole

Share
Published by
Steve Cole

Recent Posts

F2 driver says new fans don't understand racing

Jun.9 (GMM) Many new fans of top-level single seater racing do not understand "how motorsport…

9 months ago

Newey attracting talent to Aston Martin – de la Rosa

Jun.9 (GMM) The 'Adrian Newey effect' is already happening at Aston Martin, according to team…

9 months ago

Hamilton will 'maybe not' win eighth title

Jun.9 (GMM) Lewis Hamilton's hopes of an eighth world championship are slipping away. That's the…

9 months ago

Three F1 stars predict Piastri title in '25

Jun.9 (GMM) Three former Formula 1 drivers agree that Oscar Piastri has become the clear…

9 months ago

Red Bull 'opposed' to Briatore's budget cap idea

Jun.9 (GMM) Flavio Briatore thinks Formula 1 should include driver salaries in the budget cap.…

9 months ago

Vettel not only candidate to replace Marko

Jun.6 (GMM) Dr Helmut Marko says retired quadruple world champion Sebastian Vettel is not the…

9 months ago