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
MotoGP riders have their say on controversial Marc...
No description available...
18h ago from Motorsport.com
Yamaha reveals why it ‘took the difficult route’...
Technical Director Max Bartolini admits Yamaha “took the difficult...
15h ago from MotorsportWeek.c...
Marc Marquez hits out at timing of controversial Thai...
No description available...
18h ago from Motorsport.com
Pedro Acosta takes dramatic Thai MotoGP Sprint victory...
KTM rider Pedro Acosta clinched his first victory in MotoGP following a...
20h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar St. Petersburg – Qualifying Results
25 drivers of the NTT IndyCar Series took to the streets of St....
6h ago from MotorsportWeek.c...
Dale Coyne relishes 'extraordinary' double Fast 6...
No description available...
4h ago from Motorsport.com
Scott McLaughlin earns IndyCar St. Pete pole, Coyne...
No description available...
6h ago from Motorsport.com
Marcus Ericsson encouraged by Will Power’s input at...
Marcus Ericsson has a new team-mate this year in Will Power, and the...
11h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
12h ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
2d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
This 'unbelievable' star a better option than Sandro...
Former Arsenal star Anders Limpar has suggested that the Gunners don't...
15h ago from CaughtOffside.com
Talks held: Barcelona working on signing 45m Arsenal...
Barcelona are reportedly already in talks with intermediaries over a...
16h ago from CaughtOffside.com
Arsenal vs Chelsea Prediction and Betting Tips | 1st...
The Premier League is back in action with another massive clash between...
18h ago from SportsKeeda.com
'More difficult than the Champions League' - Chelsea...
Chelsea midfielder Andre Santos has said that the Premier League is even...
19h ago from SportsKeeda.com
Comments
Hottest News
Oscar Piastri addresses potential major McLaren...
Unlike its fellow F1 title contenders, McLaren... Read More »
18m ago from RacingNews365.com
FIA announces last-minute F1 qualifying change on eve of...
Good news, racing fans! You get to see more F1... Read More »
10h ago from GPFans.com
F1 issues statement about Bahrain and Saudi Arabian GPs...
F1 has moved to calm fears that some of its... Read More »
13h ago from GPFans.com
