Apparently, a "strategy will be discussed" next month about what part, if any part, of Volkswagen Group could get involved in Formula One; either Porsche, Audi or Volkswagen.
As far as a time frame goes, speculations say VW Group would likely make an appearance at the start of the 2013 season, which is when major new F1 rules and regulations will be in force.
We'll have to wait until November for the outcome though. It certainly would provide a nice spin to the championship if another major German manufacture became involved. And it will attract more fans. We'll keep you updated anyway.