Red Bull-Porsche deal 'dead' as parties fight for control of the team

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Red Bull-Porsche deal 'dead' as parties fight for control of the team
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What appeared to be a certain deal is now reportedly off between Red Bull and Porsche. F1

the deal is now “dead” after the two parties disagreed on a number of elements.

“What’s more, the value of the team had risen since the negotiations began more than a year ago, according to Red Bull circles.” “The plan was to take over 50% of the chassis factory Red Bull-Technology and to cooperate with the engine forge Red Bull High Performance Powertrains, which would build Porsche’s power units for the period from 2026,” the report added. “The competition authorities had already given their go-ahead, Porsche had registered the trademark ‘F1nally’.

“After all, the Stuttgart-based luxury carmaker had not come to an agreement with Red Bull by a long shot.”

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