Peter Delorenzo, author/webmaster of http://www.autoextremist.com indicated to Dave Despain on "Wind Tunnel" that VW is preparing to enter Formula 1

"And VW, the best-known of the old-world automotive brands in China, is said to be already well into its planning for an F1 entry of its own by 2006. These auto manufacturers are well aware of the crucial role that image will play in this huge new market, and they're willing to spend what it takes to make themselves known to these new consumers."

complete article : http://www.autoextremist.com/page2.shtml#Rant

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