F1 has seen two of the world’s biggest names in the automobile sector get involved in the sport. Any guesses? Well, no marks for guessing, as they are Audi and Porsche. Even though Audi has cemented their position with a confirmed 2026 debut, things haven’t quite gone Porsche’s way with no confirmation from Red Bull.
The German giants initially agreed to have 50% stakes in the Austrian F1 team. It was reported that Porsche would enter F1 in 2026 with the Bulls and have half of the share in the team. However, recent reports say that the Austrian F1 team is in hesitation.
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The situation as it stands is quite “complex,” thinks 2012 constructors’ champion’s senior advisor Helmut Marko. Marko also stated in a report published by Auto Motor Germany, “There are still many details to be clarified. Porsche is welcome, but the matter is not that simple. I hope that the negotiations will come to a good end.” (translated using Google Translate)
Logically speaking, having 50% stakes in the team means having 50% rights to the decision-making. This also means Red Bull will not have the majority in decision-making anymore. Red Bull, who has been an independent team lately, might be hesitant in this regard.
What else is at stake for Red Bull in this deal?
The Red Bull – Porsche partnership was a good-to-go deal, as both companies have shown active interest in the tie-up. With the Bulls boss Dietrich Mateschitz shaking hands with the Volkswagen-owned company, every F1 fan thought it might be a solid bonding.
As the Milton Keynes-based team is still to give away their 50% stakes to Porsche, there are internal talks regarding the development of the deal. Moreover, Red Bull has recently developed their Powertrains Division and is financing its own system on a massive scale.
Mercedes F1 and Red Bull F1 today reached an agreement regarding the appointment of Ben Hodgkinson.
Under the terms of that agreement, Ben, who joined Mercedes in August 2001, will be free to join Red Bull Powertrains from 24 May 2022. pic.twitter.com/8H3Jh9dPQ3
— Oracle Red Bull Racing (@redbullracing) January 21, 2022
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Talking about this, the Milton-Keynes-based team principal Christian Horner asserted, “We can now build our own engine on our own. Then we would be the only team next to Ferrari to develop the car and drive under one roof.”
Red Bull Powertrains now has over 300 employees and has taken employed engineers from their rival Mercedes.
Admittedly, Honda, the previous engine supplier to the Bulls and AlphaTauri, has also indicated that they are considering a comeback in 2026. This means that the old faithful to the Austrian team might have an upper hand over the Stuttgart automakers.
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All in all, the Red Bull – Porsche deal is still at a standstill for the time being.