A source at Volkswagen has rejected speculation that the car company could be entering F1 by pairing up with Sauber.
Peter Sauber fuelled speculation during the German Grand Prix when he confirmed that he had met up with VW chairman Martin Winterkorn at the Geneva motor show recently.
“We are certainly not going to make public the content of the conversation,” he said.
A Volkswagen source, however, has been willing at least to wind down the rumours about a F1 tie-up with Sauber.
The source said: “As long as Ferndinand Piech is alive, the chance of a formula one entry (for VW) is zero point zero.”
Piech is Volkswagen’s supervisory group chairman.
Volkswagen, the German carmaking giant, has played down suggestions it could launch an F1 project some time soon.
“There are always rumours about Volkswagen and Formula One,” said Jost Capito, who has taken over from Kris Nissen as the head of the Wolfsburg-based company’s motor racing boss.
However, he is quoted by Germany’s Sport1 as insisting that VW is only concentrating on its world rally programme.
“The WRC programme is approved from 2013 to 2015,” Capito insisted. “There is no room to think about anything else.
“It (F1) is not on our radar,” he is also quoted as saying by France’s L’Equipe. “Our hands are full already.”
In the wake of BMW, Honda and Toyota’s departures, the only mass production carmakers in F1 are Renault – as an engine supplier – and Mercedes. Ferrari, McLaren, Lotus and Caterham produce niche sports cars.