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Author Topic: Porsche into F1  (Read 411 times)

Offline lkjohnson1950

Porsche into F1
« on: July 28, 2022, 08:48:31 AM »
Leaked documents appear to show Porsche buying a 50% interest in Red Bull Racing.

https://www.racefans.net/2022/07/28/racefans-round-up-28-07-5/


Lonny

Offline lkjohnson1950

Re: Porsche into F1
« Reply #1 on: July 28, 2022, 08:52:40 AM »
Lonny

Offline Jericoke

Re: Porsche into F1
« Reply #2 on: July 28, 2022, 01:19:38 PM »
I wonder if Audi will take 50% of Alpha Tauri so that they're both in the sport 'competing' on the same side.

Offline lkjohnson1950

Re: Porsche into F1
« Reply #3 on: July 29, 2022, 12:53:39 AM »
So far, the rumor is Audi will buy Alfa Romeo/Sauber.
Lonny

Offline Jericoke

Re: Porsche into F1
« Reply #4 on: July 29, 2022, 06:29:13 PM »
A little further research (okay, watching YouTube), Porsche is buying into Red Bull Advanced Technologies, not the team itself.  RBAT is a subsidiary of the team, that supplies both Red Bull Racing, and Alpha Tauri.  It looks like, legally, Red Bull Powertrains is separate from RBR/RBAT, though I suspect that at the end of the day Porsche will be involved with RBPT and RBAT, continuing to supply RBR and STR.  It is a closer relationship than Honda had with RBR, but still not a complete tie up, like say BMW Sauber was.  Maybe more in line with McLaren-Mercedes?  (I'm not sure how that relationship worked)

Offline John S

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Re: Porsche into F1
« Reply #5 on: July 30, 2022, 10:15:11 AM »
Reckon you're right Jeri, reading through racefans supposed scoop it's notable it only refers to RBT which is not the actual racing team.

It seems wrong that Mateschitz, having pumped amazing amounts into both racing teams over years would settle for equal shares, i.e. 50/50.  :nono:   60/40 might be plausable, but again probably unlikely.

I'm also trying to get my head around the Morrocan conection in all this, unless RBT is incorporated in Morroco for tax reasons.  :confused: :DntKnw:
Racing is life - everything else is just waiting. (Steve McQueen)

Offline John S

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Re: Porsche into F1
« Reply #6 on: July 30, 2022, 12:00:16 PM »
I found this paragraph in the comments section of a F1 fan site, seems to sum up what's happening.

"It's Porsche AG creating a joint-venture with the main Red Bull GmbH holding company for making engines (so apparently separate from the current Red Bull Powertrains Ltd) and also buying a 50% stake in the chassis manufacturer Red Bull Technology Ltd.
This, at least for now, does not involve the F1 team itself which is a separate company named Red Bull Racing Ltd."


Also makes sense since Honda will have fears of Porsche having access to thier IP on current engines. keeping Red Bull Powertrains out of any buy in must be the re-assurance Honda requires.
Racing is life - everything else is just waiting. (Steve McQueen)

 


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