Porsche Will Reportedly Buy a 50-Percent Stake in Red Bull Racing
Credit: SYLVAIN THOMAS - Getty Images
Porsche has made its intentions clear about entering Formula 1 and now we have a much better idea of what it will look like. According to documents discovered by Motorsport.com, Porsche wants to buy 50 percent of the shares in Red Bull Racing. Porsche and Red Bull will sign a 10-year deal, which is due to be officially announced on August 4th.
The document revealing this was released by Morocco's competition authority, the Conseil de la concurrence. As Motorsport.com notes, Porsche and Red Bull must obtain approvals from various antitrust authorities around the world before a deal can be closed.
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Red Bull, together with its junior team AlphaTauri, is expected to use Porsche engines from 2026. These engines will be built by Red Bull Powertrains, a company set up to power the Honda engines that power Red Bull cars after the Japanese firm pulled out of F1 last year. The partnership between Red Bull and Porsche was supposed to be announced a few weeks ago at the Austrian Grand Prix, but a delay by the FIA in approving new engine regulations for 2026 has put that off.
Porsche raced as a Formula 1 constructor in the 1960s, won the 1962 French Grand Prix with Dan Gurney and designed and built the legendary TAG Turbo V-6 for McLaren in the 1980s. Soon-to-be former VW Group CEO Herbert Diess confirmed earlier this year that Porsche, along with sister brand Audi, is targeting an F1 entry for 2026. Motorsport.com reports that Audi is likely to buy a 75 percent stake in Sauber, which currently goes under the Alfa Romeo brand name, although the deal isn't as far along as Porsche and Red Bull's.
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