Porsche has announced that its potential partnership with Red Bull will not now happen.

The German manufacturer issued a brief statement this morning, it reads:

"In the course of the last few months, Dr. Ing. h.c. F. Porsche AG and Red Bull GmbH have held talks on the possibility of Porsche's entry into Formula 1. The two companies have now jointly come to the conclusion that these talks will no longer be continued.

“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. This could not be achieved. With the finalised rule changes, the racing series nevertheless remains an attractive environment for Porsche, which will continue to be monitored."

Only last week, at Zandvoort, Red Bull boss, Christian Horner appeared to pour cold water on the partnership, making clear that if it were to happen Porsche would have to accept the Red Bull culture, dismissing talk of the German company buying a substantial stake in the team which is determined to maintain its independence..

"Red Bull has always been an independent team," he said. "It's been one of our strengths, it's been the backbone of what we've achieved and our ability to move quickly. It's part of the DNA of who we are.

"We're not a corporately operated organisation," he added, "and that is one of our strengths in how we operate as a race team. That is an absolute prerequisite for the future.

"Any relationship with any manufacturer or partners would have to fit with Red Bull," he warned. "We've got this new chapter, an exciting new chapter that we're heading into on the powertrain side of the business. We've got some phenomenal talent that has joined the company.

"We're in good shape. We're on a really exciting trajectory that isn't dependent on outside involvement or investment if there's strategically the right partner."

Such was Horner's stance on the issue, since Zandvoort there has been speculation that he might be the stumbling block to the partnership, leading to claims in some sections of the media that his future with Red Bull was in doubt.

While the partnership with Red Bull might appear to be dead in the water, there are sure to be other teams willing to partner with the German manufacturer, Williams being the most likely candidate.

That said, while Audi has been quite clear about its role when it enters F1 in 2026, most likely having bought into Sauber, Porsche's involvement has been far from clear cut.

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READERS COMMENTS

1. Posted by trackrecords, 30/09/2022 14:48

"Perhaps they didn't want a 3rd-party to have access to their financial accounts, and being very 'thorough' spotting, "aren't you spending more than the Cost Cap... 2 years in a row?""

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2. Posted by ancient70!, 10/09/2022 9:19

"I would really be interested to know how this whole deal was supposed to work? The 50% race team deal I get, as well as Red Bull’s reluctance to enter such a deal. Being a Porsche fan, I admire their successes, but they have also had their corporate moments! But in general if they decide on a project, this is the bit that takes time, they give a budget and then appoint someone to run it, with a fair amount of freedom. That is until the board decides they do not want to play in this sandpit anymore. For Red Bull this 50/50% deal would be a risk as they are doing great all by themselves.
The more interesting one is what was Porsche supposed to bring to the engine side? From the outside, the engine venture seems well funded and staffed with good facilities. Where they only supposed to be in a advisory role? Or concentrate on one specific aspect such as the electrical side?? I do not think Porsche would think that’s a lot of fun. So really strange!"

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3. Posted by elsiebc, 10/09/2022 4:37

"As has been stated, RB is doing quite well on it's own. It has plenty of money and plenty of talent. It hasn't undergone any sweeping management restructuring nor has it ever needed to. It seems to be run as a true race team and doesn't need to appease sponsors nor investors. I don't see any upside for them with a tie in with Porsche. Porsche would never be a silent partner, it has too much reputation at risk. And the Teutonic philosophy that works so well at Mercedes is an all or nothing game. I don't think it could be watered down and joined with the renegade, free spirit, rebel philosophy that characterizes the entire Red Bull family.
My prediction, if Porsche really wants to get into F1 they will find a team that they can take over, run it until they reach some level of success or until they realize that not being successful at the pinnacle is hurting their image. They won't stay and lose as long as Toyota did, they can't risk it. And this isn't a series where they can come in , prove a point, and then leave all in a span of 3 years. I give them 6 years tops and they'll be gone."

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4. Posted by kenji, 10/09/2022 1:04

"Porsche is a super brand in the motorsport business and a 50/50 joint venture is not in their interest especially considering the level of investment and the need to make instant decisions. Without a designated 3rd party to take ultimate control it would suffer greatly and then no one wins. Joint ventures are extremely difficult to run equitably and I speak from in depth experience having run a joint venture in the filmed entertainment business for 14 years!! Dealing with 'creatives' can be fraught with disaster. Red Bull, in their own inimitable way have been exceptionall successful and they have to ask why would they need Porsche? The name alone, linked, would be extremely successful but how would it translate to on track performance? What can Porsche bring to the table that Red Bull can't? Yes, Porsche are great manu's with a great record but is that any guarantee for '26 and beyond. Hopefully Porsche can find another partner as they too good to not be there...in one form or another. "

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5. Posted by Burton, 09/09/2022 21:23

"Hard to opine without knowing more. From a here and now, Marko/Horner perspective, Red Bull is the established, firing on all cylinders operation, and Porsche needs them more than the other way around. From an hypothetical "Mateschitz wants out in his old age" perspective, a company like Porsche is perhaps a nice opportunity. "

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6. Posted by Thomas, 09/09/2022 20:11

"One cannot agree more with Red Bull boss, Mr. Christian Horner's assertion on partnership with any partner. They are at the top of the F1 game now. They are winning now. They can carry forward this winning strategy next year easily. They are agile on foot, quick to make changes and go for an F1 win/kill when it arises. They are a consummate F1 player. For example, if I change the engine on Red Bull now with Mercedes or Renault engine, they will still win with the usual integration! That is how good they are NOW!! They want to carry this winning momentum for the next 6-8 years! They need no partners now! Mr. Horner's strategy is the Best and right one NOW! Good Luck! Corporate Teams should use Red Bull as a winning Business Model!"

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7. Posted by BrightonCorgi, 09/09/2022 18:24

"Haas and Williams have a direction, history, and management culture. Andretti is a green field."

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8. Posted by ChickenFarmerF1, 09/09/2022 15:42

"I'd think Haas would be hot to trot for Porsche. Williams probably makes a lot more sense for Porsche, but Gene Haas doesn't seem super motivated to stay in F1. This could be a face saving out for him potentially."

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9. Posted by BrightonCorgi, 09/09/2022 13:26

"@Superbird70 good one. Andretti Porsche would be terrific for both parties. Porsche has been long due to setup a factory in the states. F1 manufacture of some sorts would be a good entry. IPO around the corner for Porsche. Could be a whole new chapter for the marque and a fitting future for the Andretti name."

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10. Posted by Superbird70, 09/09/2022 13:02

"Maybe a new Andretti/Porsche team is in the cards? Plenty of Jurassic era racing DNA with that combination."

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11. Posted by Mad Matt, 09/09/2022 12:44

"I love the way he paints Red Bull as fast moving trying to make out that Porsche are hopeless dinosaurs... obviously Porsche have never won anything in motor sport so he's right....

"

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12. Posted by Spindoctor, 09/09/2022 12:35

"@Max Noble - surely you're not suggesting that Honda might be lurking somewhere in the wings......
"

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13. Posted by Jet Jockey, 09/09/2022 12:19

"Excellent news! Did not want Porsche to join a toxic team like Red Bull."

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14. Posted by Superbird70, 09/09/2022 12:03

"The last German-austrian 'partnership' didn't fare too well so maybe it's for the best. "

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15. Posted by Max Noble, 09/09/2022 11:49

"Dang! Game of Gnomes! Love the politics :-) This is classic. Cannot wait to see which shopping trolley Porsche end-up backing… Oh, yeah, Honda out of F1… right… sure…"

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Porsche: Red Bull partnership "will not come about"

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