Porsche cannot become a shareholder of Red Bull
Well, what will happen, the story that Porsche + Red Bull may participate in F1 from 2026.
I knew that Porsche intended to acquire 50% of the shares of Red Bull Technology Ltd, so until a while ago it seemed that the story would go well ... but now " It's not like that."
The definitive fact that seemed to be so is that on the evening of September 4, 2022, Helmut Marko, an advisor to Red Bull Motorsport, told "F1-Insider.com" It was said that "Porsche will not be our shareholder."
Regarding this statement, "Motorsport.com" and "Motorsport-total.com" have also confirmed this statement from multiple sources familiar with the situation.
As a result, it is almost impossible for Porsche to officially acquire the Red Bull F1 team in the future.
At first, the 50/50 stake negotiations (allegedly) seemed to go well, but as we discussed the details of how things would work going forward, many Porsche managers It is said that the Red Bull side became increasingly skeptical due to the increasing number of discussions.
Red Bull already has a great driver, designer, and a great racing team and machine, so why not put Porsche in there? It seems that it has become.
After that, Red Bull team principal Christian Horne) was also asked on September 4 whether the contract with Porsche had broken down, he replied as follows:
We are an independent team. We've come a long way with flexibility and fast and efficient operations, and I think that's part of Red Bull's DNA.
By the way, Mr. Horner and Mr. Marco completely denied the rumor that they were against it because they were afraid that they would lose their jobs if Porsche intervened.
After that, the powertrain is obviously a separate issue, and if there is a partner who may cooperate on the powertrain, it will be discussed.
Porsche ahead of upcoming IPOFor him, entering the F1 business should have been a very perfect plan, so it is very disappointing that the story has (and is thought to be) ruined here.
“Our strength is that Red Bull is a brand that always thinks outside the box and a team that is not afraid to take on new challenges,” said Horner. First in F1 and now making engines. Our movements are a little different, and being able to achieve big things is part of our DNA.”
Anyway, for Red Bull, there is no need for other manufacturers to enter (in a position to control themselves), and they want to take over the Red Bull DNA that has been built up so far better and deeper. I felt like it was well conveyed.
Well, what will happen in the future?
Source:Why Porsche's Red Bull F1 plans appear dead in the water
Related article:
◆Porsche newly applied for trademark "F1nally", F1 participation is likely to be realized after all
◆I wonder if Porsche will revive in F1 with Red Bull
◆Current situation for Porsche and Audi to participate in F1