Formula 1 – Official: Porsche misses agreement with Red Bull
This is now also confirmed by Porsche. “In the course of a possible Formula 1 entry by Porsche, the Dr. Ing. hc F. Porsche AG and Red Bull GmbH have held talks over the past few months,” says a press release. “Both companies have come to the joint conclusion that these talks will not be continued. The premise was always a partnership at eye level, which includes not only an engine partnership but also the team. This could not be realized. However, with the changes to the regulations that have been decided, the racing series remains an attractive environment for Porsche, which will continue to be monitored.”
That’s why breaking off the engagement between Red Bull and Porsche Formula 1 boss Stefano Domenicali doesn’t worry. “We have read all the comments from Porsche and Red Bull and they will decide what to do,” the Italian told Motorsport.com.
And even if the Stuttgart noble manufacturer should throw their F1 plans in the trash, the Italian sees his series well positioned. “I believe that as Formula 1 we are a very inclusive platform at the moment. There are other manufacturers who sit at the engineering table and prefer not to go public.”
Domenicali: “We are not afraid. In the last Concorde Agreement (F1 contract; ed.) we only required a one-year notice period for teams or manufacturers who intend to leave Formula 1; in the past the rules were much stricter. This change has been included because we feel strong and resilient enough.”
Michael Andretti’s team from the USA is also showing interest. The premier class is booming in North America, also thanks to Netflix. That’s why Domenicali doesn’t fear manufacturers moving away like in 2008/09: “Today, like never before, we have a mixture of teams, manufacturers and engine suppliers at the highest level. If something changes, we know what to do.”