Volkswagen Says No to F1

The Volkswagen group is not going to enter Formula One.That is the conclusion on Tuesday of a report in the Frankfurter Allgemeine Zeitung newspaper.Last month, following speculation the German giant was considering entering F1 with Audi or Porsche branding, it emerged that VW would discuss the possibility during a meeting in early November.The FAZ newspaper, citing definite but unnamed sources,