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FIA seeks team No.12

Volkswagen and its motorsport-linked brands have denied the latest round of speculation connecting the automaker with a potential foray in  Formula 1.

The FIA revealed that it is seeking a twelfth team to fill the last spot on the 2015 or 2016 grids.

Volkswagen, Audi and Porsche are regularly linked with a potential to enter F1, so it was speculated  that one of the automaker's might be interested in the FIA's new opening.

VW, AUDI, PORSCHE RESPONDS

F1's governing body has said expressions of interest for the final place will close in January, with a decision to be made at the end of February 2014.

Volkswagen's Stefan Moser said: "There are no plans for us to go into formula one."

Moser's counterpart, Jurgen Pippig, added that Audi is also content with its existing programmes, including Le Mans and DTM:  "That is what we are focused on. We have no F1 plans."

Porsche's Oliver Hilger said: "In 2014, Porsche has the biggest factory motor sport programme in its history. We have no plans to enter formula one."
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