Despite the lack of an official press release announcing the end of the long-trumped-up partnership between the German manufacturer and the Milton Keynes-based F1 team, formal processes have begun to ensure the partnership does not run into any difficulties.
One of the hurdles to overcome was a go-ahead from anti-trust authorities around the world to ensure there was nothing untoward in the merging of the two companies.
In addition to having to do this in the European Union, applications also had to be submitted in more than 20 countries outside the EU.
One of these is Morocco, whose government law requires applications to be published after approval.
The green light process has resulted in Porsche and Red Bull having to reveal details about their partnership, which have now been published in Morocco by the Conseil de la Concurrence.
The document shows that Porsche notified the Council on July 8 that it is entering into a 10-year partnership with Red Bull, including a 50% stake in the Grand Prix operation.
It suggests that the partnership will be formally announced on August 4.
Max Verstappen, Red Bull Racing RB18, Sergio Perez, Red Bull Racing RB18
Photo By: Alastair Staley / Motorsport Images
This week’s announcement only stated a 50% buy-in from Red Bull Technology, but it is clear that the partnership will extend to the individual F1 team operations as well.
The disclosure of the details by authorities even before the announcement has been made public has been partly caused by delays in a formal green light from Porsche for its F1 return.
The original plan was to announce the partnership three weeks ago at the Austrian Grand Prix.
However, that idea was shelved because the FIA World Motor Sport Council did not approve the engine regulations announced on June 29 from 2026. Final engine regulations are a precondition for Porsche to officially communicate its participation in Formula 1.
While the Moroccan document only mentioned Red Bull, its sister team AlphaTauri is also likely to compete with Porsche power – anything else would be illogical given the synergies being sought between Red Bull Racing and AlphaTauri.
However, the team from Faenza remains 100% in the hands of Red Bull.
The second brand of the Volkswagen Group, Audi, whose Formula 1 registration has already been approved by all necessary authorities, is not as far along with its project as Porsche.
TBEN understands that the Ingolstadt-based company is still negotiating with Sauber owner Finn Rausing over the acquisition of 75% of the team’s shares.
The Supervisory Board of the Volkswagen Group had already given the green light for the participation of Porsche and Audi in Formula 1 on April 7 and approved the corresponding budgets after all boards of the two brands had previously agreed.
Recently, doubts arose because Volkswagen Group CEO Herbert Diess announced his resignation on July 22.
However, Diess will be replaced on September 1 by the CEO of Porsche AG, Oliver Blume, who was already one of the big supporters of the Formula 1 program at the brand level at Porsche.
Additional reporting by Luke Smith.