Formula 1 has been making some huge moves lately. The success of Drive to Survive simply can't be understated. The popular Netflix show chronicling one F1 season after another has, well, made F1 quite popular. That's especially true for the United States, a country where Formula 1 has historically struggled to gain popularity.

Despite this, the sport has continued to gain traction stateside with the announcement of the Las Vegas GP, Miami GP, and the continued success of the U.S. Grand Prix in Austin, Texas. Now, German F1 fans may have more to celebrate than just Vettel returning after a fight with COVID. Reports have emerged that indicate the Volkswagen Group could give Audi and Porsche the nod to compete in the sport early next week.

Per Reuters, the Volkswagen Group is planning to announce it will be entering Formula 1 with Porsche and Audi very soon. Reportedly the plan, the ambiguously-named "Project Speed" won't just enter as Porsche/Audi or Audi/Porsche. They will be two separate teams. That means that including Andretti's potential entry into the sport, we could have a grand total of three new teams coming into the sport in the coming years. The grid will be getting a bit crowded with the makers of both the Porsche 911 and the Audi R8 sitting in front of the lights on a Sunday.

Further reports from various sources also indicate that Audi made McLaren one hell of an offer to buy the British F1 team. Given the team's recent engine troubles with Mercedes, it's best not to discount the rumors. Perhaps Daniel Ricciardo's famously tough career moves will finally pan out for him.

For now, we'll have to wait and see if the announcement is in fact made next week. If it is, it'll be the first time we've seen Porsche in Formula 1 since its departure in 1991. As for Audi, well, the last time it was in a Formula 1 race , the company wasn't even called Audi. It'll be a big change for sure, but one we think everyone will be excited about.