Audi and Porsche have decided to enter Formula 1

Volkswagen’s premium brands Audi and Porsche have taken the decision to join Formula 1, said Volkswagen CEO Herbert Diess on Monday.

Diess added that Porsche’s preparations to join the highest class of international motor racing were a little more concrete.

The automakers were being speculated to be joining F1 for months.

Until last month, Audi and Porsche wanted to wait until after Formula 1’s 2026 engine regulations were announced before deciding to enter the sport.