<p>German carmaker Audi is looking at ways into Formula One, with partnerships with established racers teams like McLaren, Red Bull and Williams mooted in the press on Wednesday.</p>.<p>Audi's supervisory board discussed the options at a meeting in Stuttgart, including "potential transactions" with McLaren, according to <em>Bloomberg News</em>.</p>.<p>"We constantly look at different cooperation ideas in the scope of our strategic considerations," a spokesperson for Audi told AFP.</p>.<p>On Monday, McLaren denied reports that it had been purchased by Audi, saying the group's "technology strategy has always involved ongoing discussions and collaboration with relevant partners and suppliers."</p>.<p>But Volkswagen subsidiary Audi is said to have made an offer for McLaren, which was deemed too low by the British company, according to Bloomberg.</p>.<p>Audi was also considering "alternative partnerships with the likes of Red Bull Racing or Williams Racing", Bloomberg said.</p>.<p>Like the rest of the Volkswagen automobile stable, Audi is pivoting towards electric vehicles and hopes to use the entry to showcase green technology, according to the German press.</p>.<p>A condition for Audi's interest is that the elite racing competition "uses hybrid power and e-fuels from 2026", explained German financial daily Handelsblatt, recalling that Audi CEO Markus Duesmann is a "racing fan".</p>.<p>Before joining the Volkswagen group, Duesmann was also for many years an engine developer for BMW's Formula 1 teams.</p>.<p>A final decision on any partnership or purchase would not be made before 2022, an Audi source told AFP.</p>.<p>McLaren's principal shareholder is the Bahrain sovereign wealth fund, Mumtalakat.</p>.<p><strong>Check out DH's latest videos:</strong></p>
<p>German carmaker Audi is looking at ways into Formula One, with partnerships with established racers teams like McLaren, Red Bull and Williams mooted in the press on Wednesday.</p>.<p>Audi's supervisory board discussed the options at a meeting in Stuttgart, including "potential transactions" with McLaren, according to <em>Bloomberg News</em>.</p>.<p>"We constantly look at different cooperation ideas in the scope of our strategic considerations," a spokesperson for Audi told AFP.</p>.<p>On Monday, McLaren denied reports that it had been purchased by Audi, saying the group's "technology strategy has always involved ongoing discussions and collaboration with relevant partners and suppliers."</p>.<p>But Volkswagen subsidiary Audi is said to have made an offer for McLaren, which was deemed too low by the British company, according to Bloomberg.</p>.<p>Audi was also considering "alternative partnerships with the likes of Red Bull Racing or Williams Racing", Bloomberg said.</p>.<p>Like the rest of the Volkswagen automobile stable, Audi is pivoting towards electric vehicles and hopes to use the entry to showcase green technology, according to the German press.</p>.<p>A condition for Audi's interest is that the elite racing competition "uses hybrid power and e-fuels from 2026", explained German financial daily Handelsblatt, recalling that Audi CEO Markus Duesmann is a "racing fan".</p>.<p>Before joining the Volkswagen group, Duesmann was also for many years an engine developer for BMW's Formula 1 teams.</p>.<p>A final decision on any partnership or purchase would not be made before 2022, an Audi source told AFP.</p>.<p>McLaren's principal shareholder is the Bahrain sovereign wealth fund, Mumtalakat.</p>.<p><strong>Check out DH's latest videos:</strong></p>