• Loading stock data...
Thursday, May 2, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Ford Revs Up Plans to Join F1 with Red Bull

  • Ford could step in after Red Bull backed out of a deal with Porsche.
  • Red Bull will supply its own power units starting in 2026.
Red Bull F1 car with Oracle branding races around track
Jerome Miron-USA TODAY Sports

Porsche’s stalled negotiations to enter Formula 1 with Red Bull have created an opening for a surprise name.

Ford is reportedly exploring a deal with Red Bull to enter the series in 2026.

  • It’s unclear what form the collaboration would take: Red Bull’s powertrains are currently supplied by Honda, but it plans to supply its own power units when its current deal expires at the end of 2025.
  • Red Bull principal Christian Horner has stressed the value of having the team manufacture both its power unit and chassis, but has also expressed openness to working with another auto manufacturer in some capacity.
  • Porsche was reportedly close to purchasing half of the Red Bull team in 2026, but the F1 champions nixed the deal over concerns it would lose too much control of its operations.

Ford raced in F1 with Jaguar from 2000 to 2004, eventually selling the team to Red Bull.

Red Bull F1 car pulls away from opponents on track

Billionaire Seeking On-Ramp Into Formula 1

Formula 1 has an entry fee of $200 million.
December 14, 2022

Andretti Closing In?

Meanwhile, a name with a storied F1 history could be nearing a return to the track. Michael Andretti, a former F1 driver and son of F1 champion Mario Andretti, said his group could be nearing approval to join the series as an 11th team.

The Andretti family would finance an F1 entrance with help from the 1001 Group, which includes Los Angeles Dodgers principal owner Guggenheim Baseball Management. The series requires a $200 million entry fee to help offset revenue dilution for other teams.

Andretti Autosport already has teams in IndyCar, Formula E, Extreme E, and several other series.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

From Hype to Staple: Miami GP Now a Formula One Fixture

Ticket pricing and viewership have fallen, but the high-profile race is still becoming core to the local sports scene.

Miami GP Highlights Continued Formula One Investment in the U.S.

F1 now has three events in the U.S., and each one has its own unique draw.

Lights, Camera, Premier League: Wrexham Owners’ Hollywood-Like Plan

Plans are brewing to triple the club’s stadium capacity.
podcast thumbnail mobile
Front Office Sports Today

Why the Kentucky Derby is Still a Hot Ticket, 150 Races Later

0:00
0:00

Featured Today

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Caitlin Clark’s Nike Deal Reportedly Worth $28 Million Over Eight Years

The deal would become the largest for a women’s basketball player.
April 19, 2024

Memphis and FedEx Strike Unique Corporate NIL Deal For $25 Million

The logistics company has a long-standing relationship with the university.
April 22, 2024

Apple Reportedly Close To Winning Broadcast Rights for Club World Cup

Apple’s deal would be FIFA’s first single worldwide broadcast contract.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 18, 2024

NBA Media Rights Likely Headed for Open Market Next Week

The league is reportedly letting Monday’s deadline pass without a deal.
April 18, 2024

Caitlin Clark ‘Nearing’ $20 Million-Plus Nike Deal: Report

Clark had an NIL deal with Nike at Iowa as well.
April 17, 2024

Even Joe Biden Is Surprised By Caitlin Clark Making $76K

The president posted Tuesday night about pay disparities in sports.
April 14, 2024

Salt Lake City About to Land NHL’s Coyotes (Minus Their Name)

Salt Lake City’s NHL franchise will have a new name.