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The new head of Hyundai, Cyril Abiteboul, said that in the near future the team does not plan to enter Formula 1.


According to Abiteboul, Hyundai`s main priority in the sports segment remains performance in the WRC. And that the company has no plans to expand into other racing series.


There is no special plan. It is obvious that Hyundai is a company with fantastic opportunities for global development, with a new product line, its own unique model range, and so on. And the motorsports program must support this business. So the rest of the staff and I need to understand what it takes to grow the business and how we can support it.


Rally was the best solution to support the small car segment. And now we first need to determine how the situation will develop in the future and how relevant the rally racing program will remain. Right now, that`s the top priority.


As for Formula 1, I don`t want to say a clear yes. Because then you will immediately start writing about Hyundai going to Formula 1. So I`d like to go back to the previous answer. We must be sure that the program benefits business. Right now the rally program is helping the business develop. And the priority is to keep it that way. If we require any other option in addition, we will consider the proposal in due course. But now this is not a priority. Now the priority is Hyundai`s victory in the WRC, " Abiteboul said.



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