Porsche has officially confirmed its discussions with Red Bull about a future move into Formula 1 have been terminated without agreement.
However the manufacturer said a move into the series at a future point still remains attractive.
The F1 team and road car manufacturer have been in talks for months about joining forces. The introduction of new engine regulations for the 2026 season has already prompted a commitment from Porsche’s fellow Volkswagen Group brand Audi.
In May, then-VW Group CEO Herbert Diess said both manufacturers had “decided to enter Formula 1”, citing the rising interest in the series. At the time he referred to Porsche’s plans as “already relatively concrete” but Audi’s “not so much”.
However, while Audi confirmed its impending arrival last month, Porsche’s talks with Red Bull reached an irresolvable impasse.
“In the course of the last few months, Porsche AG and Red Bull GmbH have held talks on the possibility of Porsche’s entry into Formula 1,” said a statement from Porsche. “The two companies have now jointly come to the conclusion that these talks will no longer be continued.”
The two parties were unable to agree terms around the extent of Porsche’s integration into the Red Bull team.
“The premise was always that a partnership would be based on an equal footing, which would include not only an engine partnership but also the team,” said Porsche’s statement. “This could not be achieved.”
However he indicated the manufacturer is leaving the door open to a future move into F1. “With the finalised rule changes, the racing series nevertheless remains an attractive environment for Porsche, which will continue to be monitored,” it concluded.
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