On Wednesday, a disclosure obligation revealed that
Porsche is taking over fifty per cent of the shares in
Red Bull Racing's Formula One programme. The team of
Max Verstappen and
Sergio Perez has issued a statement about the leaked document.
On
Twitter, F1 journalist Erik van Haren shares Red Bull's statement:
"As has been previously stated, the companies remain engaged in constructive discussions. We all are looking forward to the satisfactory finalisation of the FIA’s various sporting, financial and technical regulations for 2026."Agreement on new rules
An agreement on the rules that will apply from 2026 has yet to be reached. According to Van Haren, that agreement seems to be near. The final blow may follow in August. Then, Red Bull and
Porsche will finally announce their cooperation.
The original plan was to release the news about the cooperation around the
Austrian Grand Prix, but because the approval of the new regulations was postponed, it was decided to save the announcement for a later moment.