Porsche’s Formula 1 Dreams Failed

Porsche made an important press release before the Italian Grand Prix. The giant car company has announced that its plans to enter Formula 1 with Red Bull have been cancelled. So why couldn’t the parties come to an agreement?

One of the most followed motor sports in the world Formula 1 There has been an important development. Porsche, one of the important names of the automobile world, has partnered with the Red Bull team and plans to enter the Formula 1 world. is canceled announced. In the statements made before the Italian Grand Prix, it was also explained why the partnership plan was broken.

Former Volkswagen CEO Herbert Diess, who announced his resignation a while ago, announced in May 2022 that Porsche and Audi will take place in Formula 1 by 2026. had confirmed. Immediately after this statement, it was claimed that there were talks between Porsche and Red Bull. In a statement today, Porsche both confirmed the talks and your plans won’t come true explained. So why couldn’t Red Bull and Porsche form a partnership?

Porsche wanted to be a partner in the team as well.

In the statements made by Porsche officials, it was stated that the negotiations had been going on for several months, but no conclusion could be reached. So much so that Porsche entered Formula 1 not only with the engine, but also with the engine. wanted to enter as a team. So Porsche wanted to be in 50 percent of the Red Bull team. However, Red Bull did not accept this. “We have always wanted the partnership to be on an equal footing.‘ says Porsche, did not succeed explained.

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Source :
https://www.motorsport.com/f1/news/porsche-officially-calls-off-f1-entry-plans-after-no-red-bull-deal/10365982/


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