Audi to partner with Cosworth for F1 engine? (Update)

UPDATE AR1.com contacted Cosworth owner Kevin Kalkhoven about this rumor. He stated to AR1's Mark Cipolloni, "I cannot confirm nor deny this rumor." Meanwhile the CEO of VW (VW owns Audi) Martin Winterkorn just resigned over allegations the company rigged their diesel engines to pass pollution standard tests when in fact they put out a lot more pollution than allowed by law. This is going to cost VW well over $20 billion dollars. Can they afford to go F1 racing at this time?

09/23/15 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.