News Details
The curious case of Porsche's letter from Rabat
Reports revealed based on a letter issued in Rabat, Morocco, that Porsche is set to acquire a 50% stake in Red Bull, but that letter creates more questions than answers. While the missive in essence finally confirms in legalese, that Porsche and Red Bull seem about to be engaged, the Moroccan Competition Council notice surrounding the proposed deal’s compliance to local freedom of prices and competition law, says nothing of what, or how this will happen. Despite the universal suggestion it has spawned in the woke Formula 1 press, the document indeed only covers Porsche’s intent to acquire half of Red Bull Technologies 'for the manufacture of a power unit (powertrain)' and perhaps...
Full Story »
Full Story »
3y ago from GrandPrix247.com
0
You May Also Be Interested In...
Tech Draft: Open letter to FIA and F1 on Technical...
Dear Mr. Ben Sulayem and Mr. Domenicali, In October of 2021 Formula 1...
3y ago from GrandPrix247.com
Porsche reportedly buying a 50% stake in Red Bull
Porsche are close to acquiring a 50% stake in Red Bull, as per media...
3y ago from GrandPrix247.com
Red Bull mechanic fires back after being criticised...
A Red Bull mechanic has revealed a racially motivated message he received...
3y ago from Formula1News.co.uk
Porsche to take 50% stake in Red Bull F1 operation
Porsche is reportedly set to acquire a 50 per cent stake in Red Bull's...
3y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Former F1 team principal Guenther Steiner set to take...
Former Haas Formula 1 team principal Guenther Steiner is finalising a...
1h ago from MotorsportWeek.c...
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
3h ago from Motorsport.com
Why Alex Marquez isn't worried he’s tumbling out of...
No description available...
23h ago from Motorsport.com
‘At Balaton, MotoGP bikes might not even use fifth...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
1d ago from Motorsport.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
1d ago from MotorsportWeek.c...
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
3d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Clash with WRC scrutineer earns Ott Tanak 5-min...
No description available...
4h ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera survives puncture...
No description available...
1h ago from Motorsport.com
WRC Finland: Kalle Rovanpera on top of close fight
No description available...
1d ago from Motorsport.com
Kalle on course in Finland
Kalle Rovanperä and Jonne Halttunen ended the first full day of WRC...
18h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Mikel Arteta has already been fine-tuning new tactics...
Arsenal manager Mikel Arteta has reportedly already begun adjusting his...
32m ago from CaughtOffside.com
The new Arsenal figure who's made a big impression on...
Arsenal's new coach Gabriel Heinze has reportedly made quite an impression...
1h ago from CaughtOffside.com
Report: Tottenham intensify contacts to sign 90m-rated...
Tottenham Hotspur are hoping to sign Rodrygo Goes from Real Madrid during...
1h ago from CaughtOffside.com
'Would be a good signing in my eyes' - Pundit asks...
Former Manchester United forward Louis Saha believes the Red Devils should...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 2025 Hungarian Grand Prix – FP3 Results
Oscar Piastri trumped team-mate Lando Norris as... Read More »
1h ago from MotorsportWeek.com
LIVE: 2025 F1 Hungarian Grand Prix - Free Practice 3
Follow live coverage of the third and final... Read More »
3h ago from RacingNews365.com
Sky F1 pundit Martin Brundle calls for Hungarian GP 'delay'...
Sky Sports pundit and F1 legend Martin Brundle... Read More »
2h ago from GPFans.com
