porsche motorsport confirmed this Friday before free practice began at the Italian Grand Prix that Formula 1 negotiations to form a team with Red Bull in 2026 have ended. The statement from Porsche made clear that the partnership with Red Bull would not proceed, noting that discussions in recent months had not produced an agreement. Source: Porsche Newsroom.
The two groups have reached a mutual decision: these talks will not continue. This update was shared by the Volkswagen Group subsidiary as the conversations concluded. Source: Porsche Newsroom.
In recent months, Porsche AG and Red Bull GmbH explored the possibility of Porsche entering Formula 1 as a partner. Both sides concluded that the talks would no longer move forward. For more context, this summary reflects the official stance from Porsche Newsroom. Source: Porsche Newsroom.
The core issue cited was the proposed ownership structure. Red Bull did not accept a 50 percent equity stake for Porsche. Porsche had expected an equal partnership that would cover not only the engine collaboration but also the management of the team. That arrangement could not be reached, according to the release. Source: Porsche Newsroom.
Despite stepping away from this particular arrangement, Porsche remains interested in Formula 1 and continues to view the sport as an appealing platform. The company indicated that it would keep a watchful eye on opportunities to join the series in the future. Source: Porsche Newsroom.