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BMW won't follow Porsche, Audi into F1

Summary by Ground News
Audi and Porsche will be on the F1 grid in 2026, but BMW won't follow suit. Boss of M, Frank Van Meel, said there are "no ambitions for Formula 1" This is mainly due to regulations around electrification. BMW will use a racing version of the twin-turbo V8 plug-in hybrid engine.

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Stuff broke the news in New Zealand on Thursday, May 26, 2022.
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