Porsche breaks off talks with Red Bull on possible Formula One entry By Reuters


© Reuters. FILE PHOTO: The Porsche logo is seen on a wheel of the 2020 Porsche 911 Speedster as it is revealed at the 2019 New York International Auto Show in New York City, New York, U.S, April 17, 2019. REUTERS/Brendan McDermid/File Photo

BERLIN (Reuters) – Porsche said on Friday it and Red Bull were terminating talks about the possibility of Porsche’s entry into Formula One.

“The two companies have now jointly come to the conclusion that these talks will no longer be continued,” Porsche AG said in a statement.

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