A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact'
unless so noted. Please visit our Hot News page for news. If you have a rumor, or can supply
more information about one listed here,
e-mail us with as
much supporting information as possible and we may post it. User Agreement and Disclaimer.
Newer rumors supersede older ones of the same topic. Go to our
discuss any rumor.
Does new motorsports head man for VW mean F1?UPDATE (GMM) Volkswagen, the German carmaking giant, has played down suggestions it could launch a formula one project some time soon.
"There are always rumors about Volkswagen and formula one," said Jost Capito, who has taken over from Kris Nissen as the head of the Wolfsburg-based company's motor racing boss.
However, he is quoted by Germany's Sport1 as insisting that VW is only concentrating on its world rally program.
"The WRC program is approved from 2013 to 2015," Capito insisted. "There is no room to think about anything else.
"It (F1) is not on our radar," he is also quoted as saying by France's L'Equipe. "Our hands are full already."
In the wake of BMW, Honda and Toyota's departures, the only mass production carmakers in F1 are Renault - as an engine supplier - and Mercedes.
Ferrari, McLaren, Lotus and Caterham produce niche sports cars.
03/29/12 Jost Capito is take over the management of Volkswagen Motorsport, from May 1. He will replace Kris Nissen who will remain an advisor to the Group in the future, but is giving up his day-to-day role.
Jost Capito joins Volkswagen from the Ford Motor Company USA and has a wealth of experience in motorsport. He started his career as a development engineer at BMW and in 1989 became head of the Carrera Cup organization at Porsche and subsequently assumed overall responsibility for all Porsche Cups. From 1996 to 2001 he was a leading figure at Sauber Petronas Engineering and in 1998 he was appointed Chief Operating Officer in the Sauber Red Bull F1 Team. At the end of 2001, Capito he moved to Ford where he most recently had worldwide responsibility for the performance vehicles and motorsport strategy.
Nissen, a former international racer until a fiery accident ended his career, has been managing director of Volkswagen Motorsport since 2003. He played an important role in creating VW’s success on the Dakar Rally. Joe Saward
Copyright 1999-2016 | AutoRacing1 is an
independent internet online publication and is not affiliated with, sponsored by, or endorsed
by IndyCar, NASCAR, FIA, Sprint, or any other series sponsor.
This material may not be published, broadcast, or redistributed without