Site logo

Has Porsche bought a 50% stake in Red Bull?

NEWS STORY
27/07/2022

Though none of the parties involved are commenting, it is looking increasingly likely that Porsche has bought a 50% stake in Red Bull.

Of course, speculation has been rife for some time, and while the Volkswagen Group has repeatedly said it intends entering F1 no plans of any substance have ever been laid out.

It was rumoured that an announcement was to be made over the Austrian Grand Prix weekend, but like so many previous 'deadlines' it passed without acknowledgement, a situation not helped by the continuing delay in confirming the engine rules from 2026.

Indeed, it was the latest delay in confirming the 2026 regulations that led to the scrapping of any announcement over the Grand Prix weekend.

However Germany's Motorsport-Total has obtained documents that appear to suggest the deal is done.

Seemingly, the merger between Porsche and Red Bull Technology, which manufactures the F1 team's chassis, amongst other things, was subject to approval by various international antitrust authorities, both in and outside the European Union, in order to comply with anti-competition laws.

Motorsport-Total reveals that details of Porsche's planned entry in 2026 are confirmed in a document issued by Morocco's Conseil de la Concurrence - and, ironically lodged on the Friday of the Austrian GP weekend - which details the intent for Porsche to acquire 50% of Red Bull Technology Ltd, the aim being the development and production of a power unit for the Austrian team.

It's understood that the engine would be developed by the newly-founded Red Bull Powertrains division and would see AlphaTauri also using the new units.

Meanwhile, it is looking increasingly likely that Audi will buy into Sauber, which currently operates the Alfa Romeo team, the German manufacturer looking to purchase a 75% stake from owner Finn Rausing.

LATEST NEWS

more news >

RELATED ARTICLES

LATEST IMAGES

galleries >

  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images

POST A COMMENT

or Register for a Pitpass ID to have your say

Please note that all posts are reactively moderated and must adhere to the site's posting rules and etiquette.

Post your comment

READERS COMMENTS

 

1. Posted by BrightonCorgi, 28/07/2022 11:57

"Both Sauber and Red Bull changes sound like inevitable. Alfa really isn't doing any sports cars and Red Bull - Porsche sound like the perfect brand & technology pairing."

Rating: Positive (1)     Rate comment: Positive | NegativeReport this comment

2. Posted by kenji, 28/07/2022 9:29

"I ran a joint venture betrween two large companies for 14 years where the partners held 50/50 shares. The benefit of these structures forces the shareholders to work in harmony with no dominant partner able to force their specific control. It 's quite a difficult structure to operate for any CEO as he has to be able to operate without fear or favour but IMO the end justifies the means if you can get an agreed balance."

Rating: Positive (2)     Rate comment: Positive | NegativeReport this comment

3. Posted by Lapps, 28/07/2022 6:26

"It’s unlikely to be 50%. 49 or 51% would be more likely and there is of course a world of difference between those options. Interesting!"

Rating: Positive (6)     Rate comment: Positive | NegativeReport this comment

4. Posted by kenji, 28/07/2022 0:42

"And the beat goes on....."

Rating: Positive (2)     Rate comment: Positive | NegativeReport this comment

Share this page

X

Copyright © Pitpass 2002 - 2022. All rights reserved.

about us  |  advertise  |  contact  |  privacy & security  |  rss  |  terms