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Porsche set to buy 50 percent share of Red Bull for F1 entry
Porsche is set purchase a 50 percent share of Red Bull Technology in order to enter Formula 1 in 2026 as a partner of the team, according to legal documents. The Volkswagen Group’s interest in joining F1 when the new power unit regulations are introduced was confirmed by VW earlier this year, with both Porsche and Audi getting the green light to work on their entries. While Audi’s plans appear less concrete at this stage, Porsche has been consistently linked with a Red Bull partnership, and further details of the plans have now emerged. While there is no official confirmation at this stage, the need to submit documentation to antitrust authorities has led to the mandatory publication...
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