What We Know About Porsche’s Buy-In Of Red Bull Racing

As part of the acquisition, Red Bull and Porsche have filed documents containing early details from the deal in Morocco. An official announcement isn’t expected until next month, but the documents filed by the company contain plenty of details. This isn’t a standard leak either — as the documents are a legal requirement, those details are guaranteed to be accurate.

Porsche intends to acquire 50% of Red Bull Technology. Although the technology side of things is the only thing mentioned in the documents, Porsche is also expected to acquire half of the brand’s Formula One racing team as part of a 10-year partnership between the two entities. Although Porsche’s engines may end up in Alpha Tauri’s cars in the near future, the Stuttgart-based company is not acquiring any shares in Red Bull’s sister team (via Autosport).

This isn’t Porsche’s first F1 stint; its last involvement in the sport occurred in 1991 when it supplied engines for the Footwork Arrows team. That season didn’t work out too well for the German motoring giant, though they did have a lot of success while partnering with McLaren in the 1980s. Audi, another Volkswagen Group member, has already gotten the go-ahead to make its F1 return and is currently in discussions to buy 75% of Sauber’s racing team.