porsche motorsport confirmed this Friday before free practice begins Italian Grand Prix It has been announced that Formula 1’s negotiations to form a team with Red Bull in 2026 have broken down.
Porsche confirmed in a statement that the partnership with Red Bull “wouldn’t happen” as their negotiations “in the last months” had not come to fruition.
“The two companies have come to the following common conclusion: these conversations will no longer continue“, reports the company of the Volkswagen group.
This is because Red Bull did not accept that 50% of the structure was Porsche.
“There was always the presumption that a partnership would be a equal partnership, involving not only the engine but also the team. That could not be achieved,” Porsche warns.
Despite leaving the operation with Red Bull, The German firm maintains its goal of joining Formula 1, because it “continues to be an attractive medium” that he will “continue to watch”.