Details of Porsche’s Formula 1 entry have been revealed in legal documents, with an announcement set for next month.
Motorsport-total.com reports that although there has been no formal announcement, the process to finalise the entry is in motion.
The documents state that Porsche is aiming to jump into a 10-year partnership with Red Bull, which will also include a 50 per cent stake in the Milton-Keynes squad.
Part of the procedure is to obtain the all-clear from anti-cartel authorities around the world, ensuring that there are no inappropriate involvement in the two companies forming a partnership.
This includes inside the European Union, however applications must also be sent to 20 countries outside the EU.
One of these countries is Morocco, whose government legislation states that applications are subject to mandatory publication once they are approved.
The documents suggest that the partnership will be announced formally on August 4.
It was rumoured that there would be an announcement of the deal during the Austrian Grand Prix weekend earlier this month.
However, it was postponed after the World Motor Sport Council did not approve the 2026 Power Unit regulations.
It is likely that AlphaTauri, who is Red Bull’s sister team, will also race under Porsche power.
Porsche’s F1 entry has been expected for some time, with Volkswagen also looking to add a second of their brands (believed to be Audi) into the sport going forward.
Motorsport-total.com reports that Audi is negotiating with Sauber over the potential acquisition of 75 per cent of the team shares.
Good news and I wonder if there might be changes in drivers?
So Red Bull has finally cut back their F1 operations. This was predictable. Mercedes will be next and Aston Martin will be sold as well. But next will most likely be the long-awaited news of the VW group buying McLaren…
That won’t happen
Regarding VW buying McLaren
Does that mean Porsche engines will be re-branded Hondas?
Hopefully Porsche will bring in their own racing heads to run the team and dump Horner et al
Mercedes did that with Brawn et al .
There can’t be two Cocks in the Hen House.
Well one mini cock and a Huge Porsche Cock, pecking the life out off mini cock.
Meanwhile they’ll probably just dump Marko in a lead cased coffin, 3 miles down in a mine shaft. Hoping he doesn’t break free on a Halloween night. As for Massiveshitz he’ll be at some bunga bunga party with a Orange tint on a little island ….!
Porsche won’t want any friction if they buy a stake.
Horner must be thinking my jobs safe….that’s what Brawn thought.