Porsche has announced that negotiations with Red Bull F1 for participation in F1 2026 have failed and have concluded that they will no longer pursue discussions.
Porsche’s participation in F1 in 2026, when the new F1 engine regulations are introduced, will be a partnership with Red Bull F1, and according to a leaked article at the end of July, Porsche will take 50% of Red Bull Racing shares and will be part of it. owner. It was to become an equal partner with Red Bull, which is one person.
However, recent reports do not indicate that there were any disagreements over control of the team and the negotiations fell through.
Porsche announced a statement on Friday September. He has announced that he will not enter F1 in partnership with Red Bull F1.
“Over the past few months, Porsche AG and Red Bull GmbH have held discussions about Porsche’s possible entry into Formula 1,” Porsche said in a statement.
“The two companies have jointly reached the conclusion that these discussions will no longer continue.”
“There was always the premise that the partnership was based on equal footing and that it included not only the engine partnership but also the team. This was not achieved.”
“With the final rule change, the racing series remains an attractive environment for Porsche and will continue to be monitored.”