Porsche has officially called off its F1 entry plans with Red Bull after talks collapsed. Developing story:
Following the Volkswagen Group's approval for Porsche to enter F1, the German manufacturer held talks with Red Bull about a potential partnership from 2026.
"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 statement reads. "With the finalised rule changes, the racing series nevertheless remains an attractive environment for Porsche, which will continue to be monitored."
But Porsche's plan was always to take a 50% share in the Red Bull F1 operation, something that ultimately caused talks to break down. "The team is the biggest marketing asset globally for Red Bull - why would we compromise that strategically for the long term?" said Horner last Sunday at Zandvoort.
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