BMW cites lack of technology transfer as reason to avoid F1 entry

BMW has declined to consider re-entering Formula 1, stating a lack of opportunities for technology transfer as the main reason. The Munich-based manufacturer, which last participated in the sport after selling its majority stake in Sauber in 2009, has chosen not to join other automakers like Mercedes and Audi in the increasingly popular series. Despite F1's growing appeal, BMW remains focused on its current strategies rather than pursuing an F1 presence.

• 11:29 AMMotorsport.com — BMW explains why it’s not interested in F1 entry