BMW rules out F1 in ’medium term’

BMW has ruled out returning to formula one in the "medium term".

"There are currently no plans," said the German carmaker’s motor sport director Jens Marquardt, whose predecessor was the well-known F1 figure Mario Theissen.

BMW, having collaborated first with Williams and then Sauber between 2000 and 2009, pulled out of formula one three years ago.

"In July of 2009, a very clear decision was made," Marquardt told the Swiss publication Motorsport Aktuell.

"This (decision) stands. We are very well positioned in terms of our motor sport programme and this is not going to change at all in the medium term."

BMW returned to the premier German touring car series DTM this year.