Formula 1: Porsche to buy 50% of Red Bull Technology in order to return to F1 in 2026

Porsche, a brand belonging to the German car manufacturer Volkswagen, plans to acquire a 50% stake in Red Bull Technology, the branch of the Austrian group responsible for designing the single-seaters for the Oracle Red Bull Racing team, according to documents published by the Moroccan Competition Council on 27/07/2022.

Porsche would like to make its return to Formula 1 when the new engine regulations come into force in 2026. This partnership, planned for ten years, should be made official on 04/08/2022. The German brand will also become the engine manufacturer for Scuderia AlphaTauri, which will remain under the exclusive control of Red Bull Racing.

"The board of directors and supervisory board of Volkswagen AG, Porsche AG and Audi AG have confirmed the plans of the two group brands for a possible entry into Formula 1," said Volkswagen to AFP on 07/04/2022. The Audi brand would rather have its own team, and would consider buying 75% of Sauber (Alfa Romeo F1 Team Orlen) for €450m, according to specialised media on 27/07/2022.

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