Imhotep Evil
Torque Titan
F1 braced for BMW exit announcement
By Jonathan Noble and Dieter Rencken Tuesday, July 28th 2009, 21:26 GMT
BMW, 2009BMW's future in Formula 1 is in serious doubt amid mounting speculation that the German car manufacturer will announce its withdrawal from the sport at the end of this season, on Wednesday.
An emergency press conference has been called at BMW's headquarters in Munich, where it is suggested that the car company may reveal that it has decided to end its involvement in F1.
The invite to the press conference said it had been called because of 'current developments in motor sport.'
The press conference will be hosted by Dr. Norbert Reithofer, the chairman of the BMW board, Dr. Klaus Draeger, the director for development, and Mario Theissen, BMW motorsport director. The presence of such senior management figures suggests that the announcement will be very significant.
Officials at BMW refused to comment about what the press conference was about, but they did confirm that it was 'important' news.
autosport.com - F1 News: F1 braced for BMW exit announcement
By Jonathan Noble and Dieter Rencken Tuesday, July 28th 2009, 21:26 GMT
BMW, 2009BMW's future in Formula 1 is in serious doubt amid mounting speculation that the German car manufacturer will announce its withdrawal from the sport at the end of this season, on Wednesday.
An emergency press conference has been called at BMW's headquarters in Munich, where it is suggested that the car company may reveal that it has decided to end its involvement in F1.
The invite to the press conference said it had been called because of 'current developments in motor sport.'
The press conference will be hosted by Dr. Norbert Reithofer, the chairman of the BMW board, Dr. Klaus Draeger, the director for development, and Mario Theissen, BMW motorsport director. The presence of such senior management figures suggests that the announcement will be very significant.
Officials at BMW refused to comment about what the press conference was about, but they did confirm that it was 'important' news.
autosport.com - F1 News: F1 braced for BMW exit announcement