BMW PASSES ON F1 ENTRY BID

Original: BMW explains why it’s not interested in F1 entry

BMW cites insufficient opportunities for technology transfer as its reason for not pursuing Formula 1 entry.

BMW has cited a lack of opportunities for technology transfer as the key reason why it is not interested in joining Mercedes and Audi in Formula 1. The Munich-based manufacturer has remained absent from F1 since it sold its majority stake in Sauber in 2009, despite the series’ growing popularity mak