• Loading stock data...
Sunday, April 28, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Red Bull, Porsche Formula 1 Tie-Up In Doubt

  • Red Bull and Porsche's long-rumored team up is under scrutiny.
  • Red Bull is considering its options, including continuing its work with Honda.
Red-Bull-Formula-1-car
John David Mercer-USA TODAY Sports

A heavily rumored Formula 1 partnership between Red Bull and Porsche has reportedly run into some engine problems.

Legal documents filed in Morocco suggested that Porsche had plans to purchase half of Red Bull Advanced Technologies, the F1 team’s technological arm. Recent reports suggest that this is far from a done deal.

Red Bull is assessing its options for 2026 and beyond, and a tie-up with Porsche seems to be only one of several options.

  • Honda, which currently supplies Red Bull’s engines, could stay involved in F1 into 2026 and beyond when new engine regulations kick in, perhaps as a Red Bull partner. 
  • Meanwhile, Red Bull remains invested in its Red Bull Powertrains segment, which supplies power units to its own team and Scuderia AlphaTauri. It currently works alongside Honda, and is on course to take full control in 2026.

“For 2026, nothing is fixed,” said Oracle Red Bull Racing CEO Christian Horner. “Red Bull Powertrains is established. We have more than 300 people recruited. So, that is our path.”

Future shareholdings and voting rights reportedly present an unresolved issue between Red Bull and Porsche.

Fellow Volkswagen subsidiary Audi announced last week that it would join F1 as a power unit constructor in 2026.

The $85 Billion Question

Also complicating negotiations with Porsche is its planned initial public offering this month, which could value the automaker at $85 billion

Red Bull founder Dietrich Mateschitz, T Rowe Price Group, Qatar Investment Authority, and LVMH CEO Bernard Arnault have all reportedly expressed interest in buying a stake.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Iowa Athletes Sue State, Citing ‘Unconstitutional’ Tracking of Gambling

They claim investigators didn’t get warrants, misled about the purpose of questioning.

Rockies Coach’s Team Plane Cockpit Visit Triggers Federal Investigation

A since-deleted video shows him sitting in the cockpit mid-flight.

A’s Reach Deal to Leave Oakland for Sacramento After This Year

The A’s will play in a minor league park starting in 2025.

Ongoing NFL Network Cuts Hit On-Air Talent

The network also made cuts around the ‘Good Morning Football’ move to L.A.
podcast thumbnail mobile
Front Office Sports Today

NHL on Offense as Playoffs Heat Up

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.