Porsche denies preparing for return to F1 17 October, 2012 Oct.17 (GMM) Porsche has denied reports suggesting that it is preparing to enter Formula One in the near future. Auto Motor und Sport reported this week that while the VW brand is open about its Le Mans return plans, the sports car category may merely be “a warm-up” for F1. The magazine said that Porsche is busily signing up personnel with F1 experience, including Fritz Enzinger, Alex Hitzinger, Mike Krack and Urs Kuratle. The well-known road car brand is also establishing its Weissach facility as a state of the art motor sport factory complete with wind tunnel, while the marque’s drivers are reportedly having hours booked in the industry-leading McLaren F1 simulator. But Porsche motor sport spokesman Oliver Hilger said on Wednesday: “This is pure speculation. We have no ambitions for F1. “Our intention is to do Le Mans and the world sports car championship; nothing has changed,” he told SID news agency. Hilger also said nothing should be read into the fact that it has recently signed up staff with F1 experience. “For our sporting ambitions we need new staff from the top of motor sport. And if you need good people, of course you have to look around also in F1,” he insisted. Subbed by AJN. Bec After their last attempt it is clear Porsche don’t have the technical ability to compete at the top of motor sport. Nowhereman No but, they could produce a motor powerplant as good as anyone and probably better.