New Audi e-tron Quattro is presented during the media day at the Frankfurt Motor Show on September 15. ReutersBerlin: German carmaker Audi is close to finalising a deal for a Formula One racing team with Red Bull as its main sponsor from 2018, Germany's Auto Bild said on Monday.
A spokesman for Audi said he could not confirm the report in the magazine, which said it was only a matter of signing the deal that had already been approved by the company's bosses.
As recently as May the car manufacturer had said a Formula One entry was not an issue for them.
(With inputs from Agencies)
×
Disclaimer
The comments posted here/below/in the given space are not on behalf of Manorama. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.