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First information on Porsches F1 buy-in of Red Bull revealed

Regardless of the insufficient any official news release announcing that the long-rumoured partnership between your German car manufacturer and the Milton Keynes-based F1 squad is go, formal processes have begun to make sure that the tie-up will not hit a snag.

Among the hurdles that would have to be overcome was a green light from anti-cartel authorities all over the world to make sure that there is nothing untoward in both companies joining up.

Along with this having to be achieved in europe, in addition, it required applications to be lodged in a lot more than 20 countries beyond your EU.

One of these brilliant is Morocco, whose government legislation stipulates that applications are at the mercy of mandatory publication once approved.

The procedure to have the green light has required Porsche and Red Bull to reveal information on their tie-up, that have now been published in Morocco by the Conseil de la Concurrence.

The document reveals that Porsche notified the Conseil on July 8 that it’ll be aiming on a 10-year partnership with Red Bull with a 50 percent stake in its grand prix operation.

It suggests the partnership will undoubtedly be formally announced on August 4.

Max Verstappen, Red Bull Racing RB18, Sergio Perez, Red Bull Racing RB18

Max Verstappen, Red Bull Racing RB18, Sergio Perez, Red Bull Racing RB18

Photo by: Alastair Staley / Motorsport Images

This weeks notification mentioned just a 50 percent buy in of Red Bull Technology, nonetheless it is understood that the partnership may also extend to the separate F1 team business aswell.

The revealing of the facts by authorities, even prior to the announcement has been made public, has partly been set off by delays in a formal green light from Porsche because of its F1 return.

The initial plan have been because of its partnership to be announced at the Austrian Grand Prix three weeks hence.

However, that idea was postponed as the FIA World Motor Sport Council didn’t approve the engine regulations from 2026 as announced on June 29. Finalised engine regulations certainly are a prerequisite for Porsche to officially communicate its entry into Formula 1.

As the Moroccan document only mentioned Red Bull, its sister squad AlphaTauri will in all probability also contend with Porsche power – other things will be illogical because of the synergies sought between Red Bull Racing and AlphaTauri.

The Faenza-based team will, however, remain 100 percent in the hands of Red Bull.

The next make of the Volkswagen Group, Audi, whose Formula 1 entry was already approved by all of the necessary bodies, isn’t yet as far alongside its project as Porsche. realizes that the Ingolstadt-based company continues to be negotiating with Sauber owner Finn Rausing concerning the acquisition of 75 percent of the team shares.

The Volkswagen Group’s Supervisory Board had already given the green light for Porsche and Audi’s Formula 1 entry on April 7, 2022, and approved the corresponding budgets after all of the boards of both brands had previously given their consent.

Doubts arose briefly recently because Volkswagen Group CEO Herbert Diess announced his resignation on July 22.

However, Diess will undoubtedly be replaced on September 1 by the CEO of Porsche AG, Oliver Blume, who was simply already among the major supporters of the Formula One program at brand level at Porsche.

Additional reporting by Luke Smith

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