Jul 24, 2003 5:20:07 PM
- Ron (Houston)
- Rennteam Moderator
- Loc: Houston, TX , United States
- Posts: 8812, Gallery
- Registered on: Apr 10, 2002
Racing for Porsche pushed back again
Porsche, the German maker of luxury sports cars, has decided to delay its planned return to motor racing for financial reasons, chairman Wendelin Wiedeking said in an interview published in the Thursday edition of Financial Times Deutschland. "We've set back this step for cost reasons," Wiedeking told the newspaper on the sidelines of the new Turbo Cabriolet presentation in Italy.
The group's development division had already drawn up concrete plans for a prototype that could have started racing next year. "We would have entered an attractive racing series and other makers would have followed us," Wiedeking said. He nevertheless ruled out participating in the prestigious Formula One series.
When Porsche pulled out of the Le Mans series in 1998, the chairman had said the group intended to return to motor racing after three or four years. That deadline was now being put back, Wiedeking said.
The group's development division had already drawn up concrete plans for a prototype that could have started racing next year. "We would have entered an attractive racing series and other makers would have followed us," Wiedeking said. He nevertheless ruled out participating in the prestigious Formula One series.
When Porsche pulled out of the Le Mans series in 1998, the chairman had said the group intended to return to motor racing after three or four years. That deadline was now being put back, Wiedeking said.