Initial details of Porsche and Red Bull's proposed tie-up in Formula 1 have been revealed.
A potential partnership between the two brands has been known about for some time, as part of parent company Volkswagen's duel entry into F1 in 2026, when new power unit regulations are introduced.
But now, documents issued on July 8, and first discovered by Germany's Motorsport-Total, are the first concrete evidence of exactly how the tie-up could work.
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According to Morocco's Conseil de la Concurrence, one of the multiple governmental authorities around the world which have to approve such a merger, Porsche would acquire 50% of Red Bull Technologies, the subsidiary that incorporates all F1 operations, to work on a joint venture to develop engines in the Powertrains division.
That partnership would run for an initial period of 10 years and could be officially announced as early as August 4, although delays in F1 reaching a final agreement on the 2026 engine rules have already delayed the original plan to announce at the Austrian GP.
Another small hurdle was the resignation of VW CEO Herbert Diess last week, but his replacement, current Porsche AG CEO Oliver Blume, is one of the strongest supporters of the company's F1 plans and will assume the role from September 1.
It is expected that AlphaTauri, Red Bull's second team, will also use the power units developed at Milton Keynes, but the Faenza-based outfit is not included in any potential deal with Porsche.
