Audi to enter Formula One in 2026 as power unit manufacturer

Audi CEO Markus Duesmann, left, and Audi's Chief Development Officer Oliver Hoffman address a media conference ahead of the Formula One Grand Prix at the Spa-Francorchamps racetrack in Spa, Belgium, Friday, Aug. 26, 2022. German manufacturer Audi will enter Formula One in 2026 in line with new engine regulations, chairman Markus Duesmann said on Friday. (AP Photo/Olivier Matthys)

Audi CEO Markus Duesmann addresses a media conference ahead of the Formula One Grand Prix at the Spa-Francorchamps racetrack in Spa, Belgium, Friday, Aug. 26, 2022. German manufacturer Audi will enter Formula One in 2026 in line with new engine regulations, chairman Markus Duesmann said on Friday. (AP Photo/Olivier Matthys)

Audi CEO Markus Duesmann, right, and Audi's Chief Development Officer Oliver Hoffman unveil the new Audi F1 car during a media conference ahead of the Formula One Grand Prix at the Spa-Francorchamps racetrack in Spa, Belgium, Friday, Aug. 26, 2022. German manufacturer Audi will enter Formula One in 2026 in line with new engine regulations, chairman Markus Duesmann said on Friday. (AP Photo/Olivier Matthys)

From left, President and CEO of Formula One Stefano Domenicali, FIA President Mohammed Ben Sulayem, CEO of Audi Markus Duesmann, Audi's Chief Development Officer Oliver Hoffman pose in front of the new Audi F1 car during a media conference ahead of the Formula One Grand Prix at the Spa-Francorchamps racetrack in Spa, Belgium, Friday, Aug. 26, 2022. German manufacturer Audi will enter Formula One in 2026 in line with new engine regulations, chairman Markus Duesmann said on Friday. (AP Photo/Olivier Matthys)

From left, President and CEO of Formula One Stefano Domenicali, FIA President Mohammed Ben Sulayem, CEO of Audi Markus Duesmann, Audi's Chief Development Officer Oliver Hoffman pose in front of the new Audi F1 car during a media conference ahead of the Formula One Grand Prix at the Spa-Francorchamps racetrack in Spa, Belgium, Friday, Aug. 26, 2022. German manufacturer Audi will enter Formula One in 2026 in line with new engine regulations, chairman Markus Duesmann said on Friday. (AP Photo/Olivier Matthys)

Formula One CEO Stefano Domenicali addresses a media conference ahead of the Formula One Grand Prix at the Spa-Francorchamps racetrack in Spa, Belgium, Friday, Aug. 26, 2022. German manufacturer Audi will enter Formula One in 2026 in line with new engine regulations, chairman Markus Duesmann said on Friday. (AP Photo/Olivier Matthys)

President of FIA Mohammed Ben Sulayem, left, and CEO of Audi Markus Duesmann address a media conference ahead of the Formula One Grand Prix at the Spa-Francorchamps racetrack in Spa, Belgium, Friday, Aug. 26, 2022. German manufacturer Audi will enter Formula One in 2026 in line with new engine regulations, chairman Markus Duesmann said on Friday. (AP Photo/Olivier Matthys)