FIA President meets with Porsche CEO amid Red Bull speculation

0
290


FIA President Mohammed Ben Sulayem has met with Porsche CEO Oliver Blume to discuss, amongst other topics, the car brand’s future commitment to motorsport.

Volkswagen Group have plans to enter F1 in 2026 – when a new engine formula is set to come into play – with their premium Porsche and Audi brands.

Red Bull have been heavily linked with a Porsche partnership, described as “logical” by Christian Horner, while Audi are said to be looking to acquire a team of their own.

VW Group are in the final stages of evaluation over their F1 plans, as they seek assurances regarding the direction in which F1 will go with its 2026 engine formula.

A meeting between Ben Sulayem and Blume comes with talks ongoing between VW and the FIA.

Unclear how Porsche and Audi will enter F1

Despite much speculation, it remains unclear exactly how Porsche and Audi will enter F1.

Should either brand arrive as an entirely new entry, there is conflict expected between teams, with some unwilling to see the prize fund diluted further.

Under the current Concorde Agreement, new teams need to pay a $200 million entry fee to compensate their rivals for the prize fund being sliced into smaller portions.

Audi could well go down the aforementioned route by acquiring a current team, such as Sauber, but Porsche have been tipped to enter as an engine partner.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here