"An arrangement whereby VW would take it over, becoming the fourth major manufacturer in F1, and Red Bull would continue to enjoy the high profile that comes from a major sponsorship suits both parties." "Red Bull and VW have been in on-and-off talks for more than a year and I understand that the fundamentals of a deal for the sale of the team have been agreed," said Jordan. The team will split with current engine partner Renault after this season, ending their contract a year early. Jordan says a VW engine would not enter F1 until 2018 and Red Bull would use Ferrari power in the interim.
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