VW statementpublished at 14:40 Greenwich Mean Time 24 February 2016
Andrew Benson
Chief F1 writer
“In the context of the rule changes proposed/agreed for this year and next, there has been an interesting intervention from the Volkswagen Group on the subject of F1.
"VW was one of the manufacturers who came up with the current F1 engine rules, and it was in talks with Red Bull last year, but that has gone cold, and VW motorsport boss Wolfgang Durheimer told Autocrat magazine: 'Formula 1 is not on our agenda right now. The situation is not predictable enough to make the kind of investment required. On the regulations front, there are a lot of rumours around the engine side and the supporting technology side.
"'Before you commit the kind of money needed you must see five years of rules stability - there can't be the possibility of rules changes, of more or less engine cylinders coming in, or the hybrid system changing away from technology you are developing on road cars.
"'On the ownership side, there are also big questions the sport must answer. If you are a big business making a big investment you expect to have some influence on the set-up, with an assurance the present ownership will last. In F1, it seems the owners will not be there forever and that creates some instability.’”