Porsche plans to buy Red Bull for 50%

It was through legal documents from Morocco that the first details of Porsche's purchase of 50% of Red Bull Racing's activities were revealed. Here are the details.

Published on 27/07/2022 à 23:35

Jeremy Satis

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Porsche plans to buy Red Bull for 50%

Red Bull and Porsche, soon to be associated. © Xavi Bonilla / DPPI

It's an open secret from which the main actors themselves have never really hidden. Porsche et Red Bull Racing will join forces from 2026, when the new engine regulations come into force, with the German manufacturer as engine manufacturer for the Formula 1 dominant at the moment. As we announced a month ago, the deal between the two behemoths is finalized. It was to be announced on the sidelines of the Austrian Grand Prix (June 10), on the land of the energy drink brand, except that the postponement of the final decision by the World Automobile Council to definitively ratify the engine regulations 2026 – sine qua none condition for the Volkswagen group to confirm its arrival in F1 – ultimately delayed the announcement.

This Tuesday, we learned a little more about the contours of the upcoming collaboration. Porsche would not be content with being a simple engine supplier, but would in fact plan to buy half of the activities of Red Bull Technology Limited. An extremely curious fact in an environment where communication is always fully mastered, we learned this neither from the red bull brand itself, nor from Porsche, but from… the Competition Council of Morocco. In order to ensure that the association of the two giants did not contravene any law or principle, the two structures had to jointly file applications in several countries, including some outside the European Union. And it turns out that Moroccan legislation provides that the Competition Council must publish validated requests, betraying in some way the hitherto well-kept secret of Porsche's future active participation in the team's capital.

What about AlphaTauri?

It is precisely in this document that we learn that the Stuttgart firm informed the competition control body that it was about to enter into a contract with Red Bull Technology Limited for a period of ten years, with a 50% participation in the activities of the Austrian company, as, among other things, an engine manufacturer. We also learn, in the said document, that the partnership will also concern the F1 team, with an official announcement likely for August 4, after approval by the World Automobile Council of the new 2026 engine regulations.

Finally regarding Alpha Tauri, Red Bull's sister team led by Franz Tost and whose Pierre Gasly is the flagship driver, it would also be an integral part of the deal with also a Porsche engine. In any case, it would be a very logical choice given the internal synergies and historical links between the two structures. As a reminder, the Volkswagen group is also considering joining the Formula 1 grid as a team in its own right with its Audi brand, seeking to buy a team already involved, while the name of Sauber has come back insistently in recent weeks. But the negotiations are in fact much less advanced than with regard to the Red Bull-Porsche ticket. This week, in Budapest, on the sidelines of the Hungarian Grand Prix, the Red Bull staff will have the opportunity to speak on the subject, during the last race on the calendar before the summer break.

The document from the Moroccan Competition Council

ALSO READ > Red Bull-Porsche, it's done!

Jeremy Satis

Great F1 reporter & passionate about promotional formulas

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