SEPTEMBER 28, 2016
BMW decides against F1 return
German carmaker BMW has made clear it is content for now outside of formula one.
"They walked out of formula one seven years ago and now BMW have signalled that they are not coming back," correspondent Kevin Eason wrote in the Times.
"Instead, F1's loss of one of the biggest brand names in motoring will be Formula E's gain," he added.
Indeed, BMW has announced that it is staying in DTM and teaming up with former F1 driver Michael Andretti's team in the all-electric single seater series.
"As well as Formula E, BMW will also return to the 24 hours of Le Mans endurance race", Eason said.
BMW board member Klaus Frohlich confirmed: "The commitments allow us to demonstrate our expertise in the areas of technology and integration on international platforms".