Apr.18 (GMM) The Max Mosley sex scandal has apparently made it even less likely that Porsche, the German manufacturer, will enter formula one.
Porsche chairman Wolfgang Porsche is quoted as telling German news magazine Stern on Friday: "After the affair with Max Mosley and the women it would not be very savoury to get involved now."
Porsche is bidding to take control of Volkswagen, the world's fourth largest car producer that has also resisted racing in F1.
VW chairman Ferdinand Piech, referring to the average formula one annual budget, also told Stern: "300 million euros a year -- that is just burning money."
