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McLaren set to sign 650m Euros Audi F1 deal

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As per reports, a letter of intent could be signed between the two parties within this week

There have been reports of huge developments within the motorsport community and especially concerning Formula 1. F1 team McLaren is reportedly signing a lucrative 650m euros deal with Audi with Red Bull F1 team is looking to get into a partnership with Porsche. Reports claim that the billion dollar deal between McLaren and Audi could come in April itself with F1 achieving their goal of bringing huge car brands into the sport who can compete with the likes of Ferrari and Mercedes.

McLaren have an automotive division and are one of F1’s most historic and successful contractors and could see Audi takeovers of both areas of the working based outfit while maintaining the brand’s legendary name. Similar rumors involving McLaren had surfaced last year too. However, this time the reports seem to be more concrete. In 2021, McLaren had responded to the reports stating, “McLaren Group is aware of news media stating it has been sold to Audi. This is wholly inaccurate and McLaren is seeking to have the story removed.”

Red Bull could very soon sign a deal with Porsche

Porsche and Audi have both tried their luck in Formula E but now they seem to be poised to take the big leap to F1. Last season, Red Bull used Honda engine which turned out to be really successful. The Japanese outfit have however called time on their F1 return and Red Bull switched to in-house Red Bull Powertrains for their engine development.

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ABU DHABI, UNITED ARAB EMIRATES – DECEMBER 10: Mercedes GP Executive Director Toto Wolff and Red Bull Racing Team Principal Christian Horner shake hands in the team principals press conference ahead of the F1 Grand Prix of Abu Dhabi at Yas Marina Circuit on December 10, 2021 in Abu Dhabi, United Arab Emirates. (Photo by Bryn Lennon/Getty Images)

Both these deals are likely to be materialised soon. The 2026 F1 race grid could see McLaren Audi and Porsche Red Bull line up against powerhouses like Mercedes and Ferrari. The deal between McLaren and Audi could be a much needed boost for the F1 team who are clearly struggling with their present car. “We just don’t have enough performance. There is no specific origin – the car works and the base is good but it lacks grip”, said McLaren’s team Principal, Andreas Seidl.

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Sarbik Dutta

My heart races on the F1 track and tennis courts, translating the adrenaline of each moment into words. While F1's speed thrills and tennis's finesse captivate me, my passion doesn't stop there. As a devoted follower of cricket, football, and various Olympic sports, I find myself engulfed in the highs and lows of these games. Through my writing, I aim to share the stories behind the stats, the emotions fueling the victories, and the struggles that define the journey of athletes across diverse disciplines. Being a voice that echoes the fervor of these sports is a privilege I cherish every day.

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Tags: F1