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No partnership on an equal footing:
Porsche boss
Oliver Blume
, recently also CEO of Volkswagen, has decided against a partnership with Red Bull
Photo: Bernd Weißbrod / picture alliance / dpa
The negotiations between the Volkswagen subsidiary Porsche and Red Bull have failed.
There will be no entry of the German sports car manufacturer into Formula 1, at least with the current industry leader for the 2026 season.
"Both companies have jointly come to the conclusion that these talks will not be continued," it said in a statement on Friday.
"The premise was always a partnership at eye level, which includes not only an engine partnership but also the team. This could not be realized."
However, Porsche made it clear that entry into the premier class of motorsport is generally not ruled out.
With the changes to the regulations from the 2026 season, the racing series remains “an attractive environment for Porsche that will continue to be monitored”.
From this point on, the hybrid engines are to be operated with 100 percent sustainable fuel.
The combustion engine in the unit should only contribute 50 percent of the power, the rest is electric.
This opens up new opportunities for newcomers like Porsche.
The sports car manufacturer announced in March that it would consider taking part in Formula 1.
In April, the Volkswagen Group announced that its two subsidiaries, Porsche and Audi, were exploring entry into the racing circuit.
Internally, this double attack was controversial for a long time.
The then CEO
Herbert Diess
(63) was convinced that Formula 1 could "get more money out of Stuttgart and Ingolstadt" than without.
Audi then recently announced that it would be involved as an engine developer from 2026, so it does not have its own team.
For the first time in a decade, a Formula 1 engine is to be manufactured in Germany.
It is not yet known which racing team will start with the Audi drive.
Audi boss Markus Duesmann has ensnared McLaren for a long time.
But the shareholders around the Bahraini sovereign wealth fund Mumtalakat refused.
According to manager magazin, Duesmann will probably come to an agreement with Sauber.
mg/dpa-afx
