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Mercedes chief invites Audi, BMW to compete in F1

Mercedes-Benz didn't just win the Formula One World Championship in 2014 – it positively dominated it. The team won all but three of the grands prix this season, scoring a one-two finish at more than half of them and landing at least one car on the podium at every race without exception. It goes without saying, then, that the German automaker thrives on competition, but now it's welcoming even more. Speaking with Germany's Sport Bild at its homecoming celebration in Stuttgart, Daimler chief Dieter Zetsche welcomed Mercedes' biggest rivals Audi and BMW to join it on the F1 grid. Noting that the three German brands share some 80 percent of the market for luxury automobiles, Zetsche said that F1 would make a natural arena of competition for Mercedes, Audi and BMW to fight for top bragging rights. The three currently compete against each other in front of home audiences in the DTM touring car series – effectively Germany's equivalent to NASCAR – but of the ten races held this year, the majority were in Germany itself, and all of them took place in Europe. BMW last competed in F1 when it bought the Sauber team in 2006, but withdrew from the series in 2009. Despite its progenitor Auto Union having fielded the famous Silver Arrows in pre-war grand prix racing, Audi has never been a player in modern F1 racing, though recent rumors have linked it to a potential foray – spurred by the arrival of sister-company Porsche on its home turf at Le Mans, the departure of several of its key endurance drivers and the hiring of former Scuderia Ferrari chief Stefano Domenicali. Porsche had similarly considered an F1 program before getting the go-ahead to compete with Audi at Le Mans. As for the prospect of Mercedes competing in other international racing series, Zetsche added that year-long preparations for 24 hours of racing at Le Mans didn't present a good cost-benefit ratio in his estimation, but that Formula E (where Audi currently supports a quasi-works entry) would be worth a closer look.

Audi and Porsche have decided to join F1

BERLIN — Volkswagen's premium brands Audi and Porsche have decided to join Formula One, Volkswagen Chief Executive Herbert Diess said on Monday. There has been speculation for several months that the two brands were in negotiation over partnerships to enter the highest class of international motor racing. Diess, speaking on YouTube, said that Porsche's preparations were a little more concrete. The German carmaker, which has not previously been involved with Formula One but has worked with Red Bull in the world rally championship, did not announce how it planned on entering the sport. Audi is ready to offer around 500 million euros ($556.30 million) for British luxury sports carmaker McLaren as a means to enter, a source told Reuters in March, while Porsche intends to establish a long-term partnership with racing team Red Bull starting in several years' time. The decision comes as Volkswagen prepares for a possible listing of Porsche planned for the fourth quarter of this year, though sources have said the entry into Formula One racing would only be likely to happen in a few years' time. Related video: Motorsports Audi McLaren Porsche Volkswagen F1

Head of dieselgate clean up set to leave Volkswagen after a year on the job

After just over a year on the job, Volkswagen's compliance chief Christine Hohmann-Dennhardt is set to leave the automaker by the end of the month. In an announcement, Volkswagen confirmed the departure, saying the separation was due to a difference of opinions regarding the role and duties of the compliance chief. Automotive News Europe reports that there were frequent clashes between Hohmann-Dennhardt and senior Volkswagen employees. Hohmann-Dennhardt was brought in on last year to help manage the cleanup in the wake of the diesel emissions scandal. She came over to Volkswagen from Daimler, parent company of Mercedes-Benz. Before that, she served as a judge in Germany's constitutional court. Volkswagen hasn't announced a replacement. Related Video: News Source: Automotive News EuropeImage Credit: Getty Green Hirings/Firings/Layoffs Audi Volkswagen Emissions Diesel Vehicles dieselgate diesel emissions volkswagen diesel