An official document from a Moroccan government authority was leaked last week, revealing some of the details of the deal between Red Bull Racing and Porsche, where the German company is acquiring 50% of the Austrian team. In addition, the document stated that the cooperation of the two sides is final and that the official announcement of this will be made on August 4.
However, yesterday and today passed and we did not receive a joint official press release. The Red Bull side says it is ready to make the announcement of the partnership, but what is delaying it is the finalization of the regulations for the power units that will carry the F1 cars from 2026, in order to give approval from the Volkswagen Group for the announcements.
Porsche will begin a 10-year partnership with Red Bull, which includes it taking a 50% stake in Red Bull Technology and by extension the Milton Keynes-based F1 team, supplying it with its power units.
Source: Autoblog.gr by www.autoblog.gr.
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