An agreement for Volkswagen Group’s Audi to join Formula One by investing in British sports-car maker McLaren is becoming increasingly unlikely, a person familiar with the project said.
“The price expectations are too far apart,” the person told Reuters on Thursday.
While the project had not yet failed, its prospects are now close to zero, the source said.
Meanwhile, talks with Swiss-based Sauber, which runs the Ferrari-powered Alfa Romeo team, and Williams are continuing, the person said.
Williams and Aston Martin, both currently powered by Mercedes engines, have said they would be interested in future ties with Audi.
“I think for any team who has not a manufacturer on his side, it’s super appealing to have this possibility,” Aston Martin team boss Mike Krack told reporters at last month’s Emilia Romagna Grand Prix.
Williams team principal Jost Capito is a previous head of Volkswagen Motorsport.
