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Porsche also reacts and preaches patience

29 July 2022 at 09:10
Last update 29 July 2022 at 10:32
  • GPblog.com

After Red Bull Racing, Porsche has also issued a statement about the documents that surfaced online earlier this week. It appeared from these documents that the German brand will take a 50 per cent stake in Red Bull's F1 operation from 2026 onwards. Like Helmut Marko, however, Porsche says it is all still premature.

The Volkswagen Group will only decide to give its final yes to Formula 1 when everything is neatly on paper. The group does not want to be surprised after its commitment with all kinds of rules that are suddenly added and are not to its liking. However, putting the engine regulations for 2026 and beyond on paper has already taken several months.

Porsche told The Race: "As it has been previously stated, the companies remain engaged in constructive discussions. We all are looking forward to the satisfactory finalisation of the FIA’s various sporting, financial and technical regulations for 2026." The words are extremely optimistic, so it seems to be only a matter of time.

Possible breakthrough in August

Red Bull and Porsche wanted to announce their cooperation in Austria, but due to the fact that the engine regulations had not been voted on at the June meeting of the FIA World Motor Sport Council, this could not take place. According to the aforementioned medium, the plan is now to tie the knot in a virtual meeting in early August, just after the Hungarian Grand Prix.