F1. Negotiations to form a team between Red Bull and Porsche fall

F1. Negotiations to form a team between Red Bull and Porsche fall

Porsche Motorsport confirmed this Friday, before the start of free practice Italian Grand Prix of Formula 1that the negotiations to team up with Red Bull in 2026 they were broken.

It’s a statement, Porsche asserts that the association with Red Bull “it will not materialize”, because the negotiations held over the “last months” have not borne fruit.

“The two companies have reached the common conclusion that these talks will no longer continue,” reports the group’s firm. volkswagen.

The reason is that Red Bull did not accept that 50% of the structure be Porsche.

“The premise has always been that an association would be based on a level playing field, which would include not only a motor association but also the team. This could not be achieved,” he warns. Porsche.

Despite the failure of the operation with Red Bullthe German firm maintains the objective of participating in Formula 1, since “it continues to be an attractive environment” that “it will continue to monitor”.

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