F1 braced for BMW exit announcement

BMW'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

F1 braced for BMW exit announcement

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.

BMW had hoped to fight for the world championship this year, but instead the F1.09 has fallen short of expectations. Its struggles, allied to the abandonment of its KERS, that BMW had pushed hard for in F1, are likely to have played a part in any decision about the future of the team.

Although BMW Sauber had a difficult start to the season, Theissen has made it clear on several occasions that the team's form had not changed the BMW Board's commitment to F1.

"We analysed and evaluated the situation and the F1 programme with the board prior to the start of the season in February," said Theissen in May. "It was overall a very positive evaluation and judgement, and that hasn't changed.

"Apparently everybody is disappointed about the sporting results, but other than that there is no news and we have not discussed it since."

However, sources suggest that a review meeting was planned for July to decide the future of the team - and this may be behind any announcement planned for the morning.

Should BMW confirm it is pulling out of the sport, it will be the second car manufacturer to do so in eight months - with Honda having announced last December that it was to leave the sport.

The announcement will be more of a surprise, however, because BMW Sauber was on the verge of signing a Concorde Agreement that would have committed the team to F1 until the end of 2012.

shares
comments

Q & A with Timo Glock

BMW will quit F1 at the end of 2009

How F1's new era has exposed the downside of its most important rule

How F1's new era has exposed the downside of its most important rule

Plus
Plus
Formula 1
Jonathan Noble

How F1's new era has exposed the downside of its most important rule How F1's new era has exposed the downside of its most important rule

What next for Mercedes in its quest to get back to the top of F1?

What next for Mercedes in its quest to get back to the top of F1?

Plus
Plus
Formula 1
Saudi Arabian GP
Alex Kalinauckas

What next for Mercedes in its quest to get back to the top of F1? What next for Mercedes in its quest to get back to the top of F1?

Why Piastri’s F1 homecoming will be a landmark occasion

Why Piastri’s F1 homecoming will be a landmark occasion

Plus
Plus
Formula 1
Australian GP
GP Racing

Why Piastri’s F1 homecoming will be a landmark occasion Why Piastri’s F1 homecoming will be a landmark occasion

The recent Australian GP form history that will boost Ferrari in F1 2023

The recent Australian GP form history that will boost Ferrari in F1 2023

Plus
Plus
Formula 1
Australian GP
Alex Kalinauckas

The recent Australian GP form history that will boost Ferrari in F1 2023 The recent Australian GP form history that will boost Ferrari in F1 2023

The cycle of F1 upheaval Williams must end to rediscover past glories

The cycle of F1 upheaval Williams must end to rediscover past glories

Plus
Plus
Formula 1
GP Racing

The cycle of F1 upheaval Williams must end to rediscover past glories The cycle of F1 upheaval Williams must end to rediscover past glories

The state of play in F1's technical silly season

The state of play in F1's technical silly season

Plus
Plus
Formula 1
Jake Boxall-Legge

The state of play in F1's technical silly season The state of play in F1's technical silly season

Ranking the top 10 pre-war grand prix drivers

Ranking the top 10 pre-war grand prix drivers

Plus
Plus
Formula 1
Kevin Turner

Ranking the top 10 pre-war grand prix drivers Ranking the top 10 pre-war grand prix drivers

Why drivers are the least of Ferrari’s F1 worries

Why drivers are the least of Ferrari’s F1 worries

Plus
Plus
Formula 1
GP Racing

Why drivers are the least of Ferrari’s F1 worries Why drivers are the least of Ferrari’s F1 worries