Porsche has made a big announcement about its long-term plans in Formula 1 and Formula E. Reportedly, the German automaker is officially focusing on Formula E rather than allocating any of its resources to Formula 1.
In other words, Porsche abandoned its plans to participate in Formula 1 because it may not find a partner team willing to work on its terms and conditions. Instead, he would now do so in Formula E, where he is already enjoying success.
The team took 4 victories thanks to drivers Pascal Wehrlein and António Félix da Costa. The logo also includes powertrains for Avalanche Andretti. Michael Steiner, a member of Porsche’s board of directors for research and development, says Formula E will pave the way for long-term mobility solutions. Said:
“With our involvement in Formula E, we have opened a new bankruptcy in all-electric motorsport. We remain confident that our presence and good luck in Formula E will lay the foundation for long-term mobility solutions. This provides the most competitive environment to drive development. High-performance cars aimed at respecting the environment and energy efficiency.
“We look forward to playing an active long-term role in Formula E and thus giving an even greater boost to electric mobility on a global scale. “
With all resources focused on Formula E, Porsche’s plans to enter Formula 1 in 2026 are feasible. It would be a big challenge to manage activity in any of the categories.
The Volkswagen Group is striving to get Audi and Porsche into Formula 1 from 2026 and thankfully, the deals for Audi were closed when it acquired Sauber and became a factory team.
However, for Porsche, the Lopass was looking to get a stake in exchange for an investment in one of the teams. And it didn’t go well with any of them. With Red Bull, the German company was looking for a major stake, which the former obviously denied. Instead, Red Bull has partnered with Ford, which is guilty of developing the electric motor for the 2026 F1 car.
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Porsche’s talks with Williams and McLaren have yielded no concrete results. Porsche wanted to have a stake in Aston Martin’s factory team and car division, but the British manufacturer married Honda, which lately makes F1. engines. In addition, Honda did not apply for any stake in the company.
Thankfully, it turns out that Porsche has pulled out of the Formula 1 dream, as obviously things never went as planned. Of course, it’s a smart concept to capitalise on existing strengths and that’s what Porsche is doing with Formula 1. But if Porsche didn’t have such important requirements to participate in the parent company, then it might. I discovered my position in the premier class.