At a press meeting for the Formula 1 Belgian Grand Prix at Spa-Francorchamps, Audi revealed its entry. Markus Duesmann, Chairman of the Board of Management of AUDI AG, and Oliver Hoffmann, Member of the Board of Management for Technical Development, participated in the event and fielded questions alongside Mohammed ben Sulayem, President of the International Automobile Federation, and Stefano Domenicali, President and CEO of Formula 1. (FIA).
“Motorsport is an integral part of Audi’s DNA,” says Markus Duesmann. “Formula 1 is both a global stage for our brand and a highly challenging development laboratory. The combination of high performance and competition is always a driver of innovation and technology transfer in our industry. With the new rules, now is the right time for us to get involved. After all, Formula 1 and Audi both pursue clear sustainability goals.”
Participating in the most renowned racing series in the world requires a clear strategy for improving sustainability and cost-effectiveness. Greater electrification and improved sustainable fuel are the main topics of the new technical regulations, which take effect in 2026. In addition to the current cost cap for teams, a cost cap for producers of power units will be implemented in 2023. Furthermore, Formula 1 has set a lofty objective for itself to become a carbon-neutral racing series by 2030.
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