Volkswagen's involvement in Formula 1 under the Audi banner starting in 2018 is on the verge of being signed and sealed according to Germany's Auto Bild.

The deal has been negotiated and decided at the highest level of the group and awaits the final signatures of Dietrich Mateschitz (Red Bull) and VW's President Martin Winterkorn.

Red Bull Racing's structure would partner with Cosworth's engineering services on Audi's power unit front.

The Northampton engine manufacturer, whose history is deeply rooted in F1 since the advent of the legendary Ford Cosworth DFV in 1967, would handle the development and maintenance of a power unit conceived by Audi who evidently know a few things about hybrid engines thanks to the firm's vast Le Mans and endurance racing experience.

Audi's endeavor would somewhat follow the Mercedes model which relied on buying Brawn GP in 2010 as well as a controlling interest in Ilmor Engineering to design and develop the German manufacturers Formula 1 power plants.

While speculation mounts regarding the scheme, Volkwagen's deliberate manipulation of US emissions tests which was announced yesterday, and the subsequent potentially massive financial penalty it may incur, could however throw a spanner into the works of its F1 plans.

German media believes VW's Winterkorn could be forced to resign should pressure become unsustainable for the group's chief executive. A state of affairs which would no doubt force a rethink of the company's devised F1 future.

Singapore Grand Prix - Quotes of the weekend

Keep up to date with all the F1 news via Facebook and Twitter

Pierre Van Vliet

Pierre Van Vliet is a respected and authoritative figure in F1 news circles and brings a wealth of information to F1i.com

Recent Posts

Formula 1 extends Las Vegas Grand Prix deal through 2037

Just three years its return to the championship calendar, Formula 1 has confirmed that the…

35 minutes ago

Monaco active aero ban sparks fresh wave of F1 innovation

Formula 1's engineers are rarely known for leaving performance opportunities untouched, and Monaco's unique regulatory…

2 hours ago

Antonelli reminds Mercedes: ‘You can’t put a leash on a driver’

Kimi Antonelli is learning quickly that leading a Formula 1 championship at Mercedes comes with…

15 hours ago

Monaco GP: Thursday's media day in pictures

Formula 1 moves on to its Crown Jewel this weekend, slightly later in the season…

16 hours ago

Leclerc plays down Ferrari hype ahead of home race

Charles Leclerc may call Monaco home, but when it comes to handing out favourites’ tags…

17 hours ago

Norris flags Ferrari edge in Monaco but not ruling out McLaren

As Formula 1 arrives in Monaco, Lando Norris is once again looking toward Ferrari as…

17 hours ago