Report: Volkswagen Group not interested in F1

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If there is to be a 12th Formula One team competing in 2015 or 2016, it won’t be coming from the Volkswagen Group.

Earlier this week, the FIA announced that it was accepting applications through Jan. 3, 2014 for a new team to join the grid. However, VW has told ESPN F1 that it has no interest in joining the series.

“Currently there are no plans or intentions for the Volkswagen brand or any other brand of the Volkswagen Group to join Formula One,” a VW spokesman said. The VW Group features a portfolio of brands that includes Audi, Bentley, Lamborghini and Porsche.

Stories of VW possibly joining F1 have had a tendency to pop up on and off in recent years. In fact, back in 2012, a German newspaper reported that the carmaker was planning to break into the sport with Sauber in 2015 and was also planning on eventually making its own chassis.

But if we’re going to take the Group’s latest statement at face value, it looks like they have other priorities at this time.

Max Verstappen is PointsBet favorite to score sixth staight in 2022 Singapore Grand Prix

PointsBet 2022 Singapore odds
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Max Verstappen is the PointsBet Sportsbook odds favorite to win the 2022 Singapore Grand Prix on the Marina Bay Street course to stretch his current win streak to six consecutive. He shows odds of -200 this week.

Formula 1 did not compete in Singapore in 2020 or 2021 due to the COVID-19 pandemic, but Verstappen has podium finishes in his last two attempts on this track. he was second in 2018 and third in 2019. In the first 15 races of this season, he has failed to stand on the podium only twice and has an average finish of 2.73.

With minus odds, the way to determine a payout is by subtraction. In order for a bettor to earn $100, he must wager $200 this week; with that wager, he will get back his initial stake and winnings of $100.

For bettors more comfortable with fractional odds, a bet of +300 is the same as 3/1.

Charles Leclerc is ranked second this week with +400 odds. He has two previous Singapore GP starts to his credit with a best of second in 2019. He is coming off back-to-back podium finishes with a third in the Dutch GP and a second at Monza.

Ranked third is Carlos Sainz, Jr. with a line of +1100. He has top-five finishes in four of his last five starts, but only one of these, a third in the Belgian GP, was on the podium. Sainz is one of four winners other than Verstappen this season. His victory came in the British GP.

Lewis Hamilton shows a line of +1200. His last win came last fall in the Saudi Arabian GP and the Mercedes team has struggled to contend for victory in 2022. They are improving, however, with eight top-fives in the last nine races. Hamilton has two wins in his last three Singapore starts, which came in 2017 and 2018.

Rounding out the top five is Hamilton’s teammate George Russell at +1800. He has not won, but has shown remarkable consistency with top-fives in all but one race. Notably, his only bad finish came in his home GP in England. Russell has one previous start at Marina Bay; he finished last in the 2019 race. He finished fourth in 2019 as part of a four-race streak of top-fives.

The most recent Singapore GP winner from 2019, Sebastian Vettel is a longshot at +50000.

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