Porsche has scrapped plans to enter Formula 1 with Red Bull but is still eyeing a place on the grid as the sport “remains an attractive environment.Today it confirmed that discussions with Red Bull regarding a potential F1 entry “will no longer be continued”.
The German company said in a statement: “The premise was always that a partnership would be based on an equal footing, which would include not only an engine partnership but also the team. “This could not be achieved.
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