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Reading: Porsche Says F1 Remains ‘An Attractive Environment’ After Ruling Out Red Bull Partnership
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F 1

Porsche Says F1 Remains ‘An Attractive Environment’ After Ruling Out Red Bull Partnership

Vishnu Reddy
By Vishnu Reddy Published September 10, 2022 4 Min Read
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Porsche

According to recent reports, Porsche, Red Bull, and Porsche have officially halted their talks about entering Formula One. Similar to how Audi will debut in Formula One in 2026. The plan was to include the German automakers as partners in the deal. But due to negotiations and never finalizing the deal,

Contents
Porsche and Red Bulls’ Agreement rumors Affect On Red Bull F1 TeamPorsche’s Future Plans

Porsche and Red Bulls’ Agreement rumors

Rumors and speculation of Porsche entering Formula One have long circulated; until recently, a deal appeared to have happened between Red Bull Racing and the German car company for a partnership beginning in 2026, with Porsche even signing up for the trademark “F1NALLY.”Porsche would have effectively taken over Honda’s engine production for the Austrian team.

In the course of the last few months, #Porsche AG and Red Bull GmbH have held talks on the possibility of Porsche’s entry into Formula 1. The two companies have now jointly come to the conclusion that these talks will no longer be continued. More: https://t.co/ZtOfoYr7U4 pic.twitter.com/1XCKaLbPfk

— Porsche Newsroom (@PorscheNewsroom) September 9, 2022

However, the German manufacturer’s plans for F1 included a significant presence in the sport, which Milton Keynes was unwilling to accept. Finally, Porsche called off the transaction.

In the course of the last few months, Dr. Ing. h.c. F. Porsche AG and Red Bull GmbH spoke about the possibility of Porsche’s entry into Formula 1. The two companies have jointly concluded that talks will no longer continue.

The premise was always that a partnership is dependent on equal footing. The deal includes not only an engine partnership but also the team. The finalized rule changes nevertheless remain an attractive environment for Porsche. The monitoring will be continuous.

Affect On Red Bull F1 Team

Team Principal Christian Horner of Red Bull told Autosport that the partnership was not the right time: “Obviously, with Red Bull becoming a powertrain manufacturer in 2026, it was always natural to hold discussions.” Those discussions have now concluded, and the consensus is that Red Bull’s involvement in F1 is inappropriate.

Formula One RedBulls Porsche
RedBulls Team

We committed to becoming a powertrain manufacturer about a year and a half ago, or slightly more recently. We have made significant investments in facilities and people, and the first Red Bull engine fired up about a month ago. So it’s an enormously exciting new chapter for Red Bull, and it’s never been dependent or reliant on a third party or an OEM’s involvement. “

“Our full focus is on the Red Bull power unit, and if there is ever a like-minded partner who could make a significant contribution to the project, then, of course, you would have to consider that,” the Austrian team says. However, it is not required.

Porsche’s Future Plans

Given the company’s desire to return to the sport, Porsche may still have options to be on the grid as soon as possible, possibly through a new partnership.

According to Chris Medland, F1’s interest in Porsche’s entry remains high: “If you’re Michael Andretti right now, you pick up the phone and call Porsche.”

If you can bring Porsche into F1 as your engine partner, you’ll have no trouble getting a grid spot in Moto Racing.

Porsche has a track record in Formula One. In the 1950s and 1960s, Porsche competed as a builder. Then, briefly as a power train supplier in the 1980s and early 1990s.

While Audi has not competed in Formula One, it has a history of Grand Prix racing, having dominated on racetracks with Mercedes-Benz during the 1930s when the company was known as Auto Union.

TAGGED: Audi. Formula One, F1, Porsche, Red Bull
Vishnu Reddy September 10, 2022
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