Porsche and Red Bull call off F1 partnership

The two firms had been set to team up in an equal partnership for the 2026 season.

-

Porsche has backed out of its plans to team up with Red Bull for the 2026 F1 season amid concerns about its place in the venture.

In a statement, Porsche have now confirmed that it will not be proceeding with the tie up, citing issues with its proposed position.

“In the course of the last few months, Dr. Ing. h.c. F. 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,” Porsche said.

“The premise was always that a partnership would be based on an equal footing, which would include not only an engine partnership but also the team.

“This could not be achieved. With the finalised rule changes, the racing series nevertheless remains an attractive environment for Porsche, which will continue to be monitored.”

Porsche out

The two companies had reportedly been in line to announce a 50-50 partnership on engines and operations for the 2026 season, when Audi will enter the championship as new rules come into force.

However, in recent weeks reports have emerged that Red Bull became uneasy with handing over such a large controlling stake to Porsche, and rumours began to swirl that the match was running into difficulties.

Red Bull is in its first full season as a stand-alone engine manufacturer, have formed Red Bull Power Trains as a separate entity and invested heavily in facilities following its takeover of Honda’s engine programme after the Japanese company exited the sport.

Matt Neillhttps://total-motorsport.com
With years of experience in the motorsports field and Matt Neill founded Total-Motorsport.com to give clarity and more depth to the digital F1 landscape.
- Advertisment -

LATEST NEWS

F1 Driver Ratings – 2024 Hungarian GP

0
Oscar Piastri stunned fans at the Hungaroring by taking his first career victory at the 2024 F1 Hungarian Grand...

Emotional Cassidy ‘incredibly sad’ to miss out in dramatic Formula E title race

0
Nick Cassidy was almost lost for words after he dramatically lost the 2024 Formula E title to Pascal Wehrlein...

Why NASCAR waited and ended the Brickyard 400 under caution

0
Kyle Larson, a Hendrick Motorsports driver, winning the Brickyard 400 at Indianapolis Motor Speedway on the thirty-year anniversary of...

Max Verstappen slams Red Bull over shocking 2024 Hungarian GP performance

0
Max Verstappen slams Red Bull for a shocking display at the 2024 Hungarian GP, calling the car slow and...

Emotional Oscar Piastri relives maiden F1 win at Hungarian GP

0
An emotional Oscar Piastri said his 2024 Hungarian GP victory was a “dream come true” as he took his...

Colton Herta Triumphs in Toronto, Ending 40-Race Winless Streak

0
Michael Andretti’s jubilant reaction following the IndyCar Grand Prix of Toronto at Exhibition Place was unmistakable as Colton Herta...

Victory and redemption: Pascal Wehrlein’s road to becoming Formula E champion

0
Following a wide-open battle that boiled down to the very last race of the 2024 season, Pascal Wehrlein officially...

Evans hits out at Jaguar: Team were working against me in Formula E finale

0
Mitch Evans feels his Jaguar team were working against him during the Formula E finale in London as he...

London E-Prix Results 2024 – Formula E Round 16

0
Pascal Wehrlein emerged victorious in one of the most dramatic races in Formula E history, securing his maiden Drivers'...

Max Verstappen escapes crash penalty: Blames Lewis Hamilton

0
Max Verstappen blames Lewis Hamilton for turning in too early for their Hungaroring crash on July 21 as the...
- Advertisment -
Exit mobile version