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

Perez reveals how he became Force India's unlikely saviour

Sergio Perez has revisited one of the most extraordinary off-track stories of his Formula 1…

8 hours ago

FIA expands straight-line mode at Spa – as Alonso sounds warning

Formula 1’s return to Spa-Francorchamps this weekend will introduce a striking new element to the…

9 hours ago

McLaren set for Mercedes engine upgrade at Spa and rear-wing trial

McLaren will arrive at the Belgian Grand Prix with a fresh opportunity to reset its…

11 hours ago

Michael bows to Mika on British GP podium

On this day in 2001 at the British GP at Silverstone, Formula 1 fans were…

12 hours ago

Bearman moved to tears after driving Senna’s iconic Lotus

The Silverstone pitlane has borne witness to countless moments of motorsport history, but recently, it…

13 hours ago

Steiner: Time for McLaren to ‘grow up’ and build its own engine

McLaren’s search for answers in Formula 1 has once again turned the spotlight onto its…

15 hours ago