Norway Backs Barents Sea Oil and Gas Expansion 
US Reviewing Visa Denial for Venezuelan Little League Team Barred from World Series 
Hanmi Pharm Soars 30% on $2.3 Billion Genentech Obesity Drug Deal 
FIFA Faces Investigation Over 2026 World Cup Ticket Pricing and Seat Allocation Issues 
White House Defends Trump’s FIFA Peace Prize Amid Global Criticism 
Unitree Shares Plunge 45% After Blockbuster IPO, Raising China Tech Bubble Fears 
Tesla Raises Cybertruck Prices by $5,000 in US 
Ampol Profit Surges as Refining Margins Hit Record Highs 
China EV Stocks Slide as Door Handle Recall Hits 4.3 Million Vehicles 
Milei Pushes for Formula 1 Return to Argentina 
NBA Returns to China with Alibaba Partnership and Historic Macau Games 
Trump Signs Executive Order Targeting Big-Money College Athlete Payouts 
Los Angeles World Cup Security Plans: No ICE Immigration Enforcement at FIFA 2026 Matches, Officials Say 
World game at war: why some European nations have threatened a World Cup boycott 
Indian Sugar Stocks Surge on Tight Supply, Festive Demand 
U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match 
Luxshare Shares Rise as First-Half Profit Jumps 18% 
Add as a preferred source on Google
Audi and Porsche are set to enter Formula One from the 2026 season to coincide with the introduction of the series’ new engine regulations in four years’ time, the CEO of their parent company Volkswagen Herbert Dies has revealed.
Audi and Porsche were expected to attend a Formula One conference in June to debate the future of power units in the sport. These discussions could lead to one or both of the German automakers joining the series.
For years, the Volkswagen Group has been connected to a Formula One entry. Recently, that choice has been heavily influenced by the sport's upcoming engine restrictions, with Porsche Motorsport vice president Fritz Enzinger stating in March that sustainability would play a key role in the company's decision.
Enzinger noted that should the sustainability aspects be confirmed, they will evaluate them in detail within the VW Group and discuss further steps.
Since then, it has been established that, starting in 2026, Formula One's new power units would run on totally sustainable fuels, with electric power accounting for 50% of the engine's output.
With that barrier removed, Volkswagen's board of directors approved in principle the entry of Audi and Porsche into Formula One last month. This is still contingent on the series clarifying the engine regulations in detail.
Diess went on to say that Porsche was further along in its Formula One preparations than Audi, although he didn't elaborate.
Porsche and Red Bull Racing were said to be in advanced talks regarding a prospective agreement involving the team's new engine section in February.
