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5 Mar 2021, 19:51 (Ref:4039067) | #1 | ||
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Porsche & Volkswagen Group considering entering F1
Porsche and parent company the Volkswagen Group are considering entering Formula 1.
'VAG is said to have had initial exploratory talks with three teams - Red Bull, McLaren and Williams.' |
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5 Mar 2021, 21:46 (Ref:4039083) | #2 | |
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Can we just get a list of everyone who F1 has engaged with regarding the potential for joining F1 in 2025? I expect two things. First, while small, it would include a number of manufacturers who are not providing power units. Second, not all of them will pull the trigger on jumping into F1. I guess my point is.. Isn't someone at the major manufacturers always looking at F1? Is this even really newsworthy at this point?
I own a Porsche 914 that I have been slowly restoring. Each year, for at least a decade, if not longer, fans of the car post articles that say Porsche is thinking of bringing forward a new 914. Its like clockwork. Sometimes twice a year. Richard |
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5 Mar 2021, 23:10 (Ref:4039097) | #3 | ||
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They've been considering it my whole life.
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6 Mar 2021, 07:04 (Ref:4039138) | #4 | |
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You would say Red Bull would be favourite, they have heavily sponsored a wide range of VAG motorsport for years and of course they will have the in house capability to design and develop the new engine in partnership with VAG engineers.
The brand people at Porsche might see McLaren as too much of a direct competitor on the road cars and confusing message if it was a McLaren-Porsche, but OK if Audi brand gets the nod. All a long way off and a lot can happen in that time, as we have seen in 2020, sadly. |
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6 Mar 2021, 15:26 (Ref:4039232) | #5 | ||
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i feel like this is the typical annual story that floats around the start of every new F1 season.
in a week or two i suspect someone else from VAG will sound off on how F1 makes no sense. who knows though, maybe it will be different this time. im a bit hopeful that with Alfa, AMR and Alpine in the mix, the branding needs for niche brands are taking the stage over the major manus/we are in the process of a new paradigm in F1...the end of the manu era. |
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7 Mar 2021, 08:52 (Ref:4039329) | #6 | ||
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There have been numerous stories about VAG entering F1 over the last 20 years - and there is always one thing in common with all the rumours: It never actually happens.
This years rumour is related to someone from Porshe being interested in the Engine Regulation discussions. So, there actually may be something behind it. Or it could be the usual nonsense. I'm glad we have a thread for it, so that it can be resurrected each time a new unsubstantiated rumour about VAG emerges! |
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8 Mar 2021, 07:45 (Ref:4039565) | #7 | ||
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8 Mar 2021, 08:23 (Ref:4039568) | #8 | ||
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And also don’t forget that a major part of the reason was to balance emissions across a much wider pool. |
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8 Mar 2021, 09:55 (Ref:4039584) | #9 | |
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Porsche tried to buy VAG but failed and racked up 10m euro's in debt trying and ended up being bought by VAG.
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8 Mar 2021, 10:31 (Ref:4039597) | #10 | |
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Misunderstanding of the VAG/Porsche ownership comes up occasionally here. If I remember correctly Porsche AG got caught in a short squeeze when then Porsche AG CEO drove Porsche AG to try to buy VAG. The attempt sort of worked, left Porsche AG with 15 B debt load that was not anticipated. To settle the debt and prevent bankruptcy of Porsche, VAG bought Porsche AG and covered the debt. (I may have some details wrong, but basically that was it)
What is less commonly talked about is Porsche SE which is a holding controlled by the Porsche and Piech family. Porsche SE holds a controlling interest in VAG. So Porsche/Piech family own VAG who owns Porsche Automobile. Who knows what is in the minds of the Porsche/Piech family, but I have a hard time imagining them selling off the original family brand. If anything, maybe they take Porsche private again by pulling it out of VAG. Do this by pulling in a partner, provide funds to VAG, but still maintain a controlling interest in both. Richard |
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8 Mar 2021, 14:08 (Ref:4039650) | #11 | ||
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Porsche AG is certainly owned by VAG. But then a controlling stake in VAG is owned by Porsche Automobil Holding SE which is majority owned by the Porsche family. So Porsche owns VAG and not the other way around. |
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8 Mar 2021, 08:23 (Ref:4039569) | #12 | |
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Consider also that there are persistent rumours that Bugatti might be sold to Rimac.On the other hand Volkswagen have withdrawn from piston engined motorsport since they see the future being electric.Might a possibility be that they would develop an engine if a partner commissioned and funded it?
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8 Mar 2021, 10:17 (Ref:4039592) | #13 | |
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I don't think we'll see Porsche back in F1, they probably will always be more concerned with sportscars. That's how I see it
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8 Mar 2021, 13:23 (Ref:4039643) | #14 | |
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I wouldn’t rule out VAG competing in F1, I’ve always thought it would be good if Audi came in and even if it hasn’t happened, I think there’s a fair chance of it happening. As for Porsche, I see them as sort of a black sheep of the VAG family. They probably benefit a lot from VAG funding, but they pretty much go their own way despite that, as they always have done
But yeah, we’ll wait and see what happens. Porsche will probably only do it if it suits them and I can’t see it happening. They will only do it if it doesn’t impact largely on their sportscar budget. That’s probably why they haven’t done it yet. So there you go. That’s my view |
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8 Mar 2021, 13:54 (Ref:4039647) | #15 | |
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I believe the largest shareholding in VAG was in the control of the Bank of Lower Saxony.Would they countenance shovelling such large amounts of cash in the direction of motorsport?Or would they direct it to designing and engineering cars that keep the production lines moving and their account holders in gainful employment?We shall see.
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8 Mar 2021, 17:15 (Ref:4039691) | #16 | |
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There’s got to be something behind it. We’ll just have to see if they go through with it this time. But I am still hopeful of seeing the Audi name in the championnship
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8 Mar 2021, 18:52 (Ref:4039706) | #17 | |||
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https://www.bbc.com/sport/formula1/56272450 Quote:
Also, clear the new technical regulations (which F1 is working on right now) drives this. If that discussion was not happening, I doubt we would be hearing so much about the potential for new manufactures. And clearly the new regulations IS an opportunity to bring new manufactures into F1. Richard |
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5 Nov 2021, 07:54 (Ref:4081586) | #18 | ||
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Apparently a decision by VAG will probably be made this month, and if they enter it may be as both Porsche and Audi-branded engines.
'New Porsche Motorsport managing director Thomas Laudenbach has said it is “not a secret we are seriously considering” an F1 programme. “There’s no decision made yet,” said Laudenbach. “So if you asked if we will be there or not, I don’t know. “But we are considering it, and we will have a decision. But I can’t really say exactly when. “One thing is clear, if such a decision is made, you can’t wait too long. “Because if you want to race in 2025, or 2026, you have to start at a certain time.” |
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5 Nov 2021, 10:05 (Ref:4081596) | #19 | |
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I won't hold my breath, we've been waiting long enough for them. TBH if Porsche were to enter F1, I feel they should have already have, but we'll see. I will watch with interest. Who will they go with for starters? Will F1 still fit their agenda down the line? That said Audi can always give it a try, there's a brand that could easily have had success in F1....
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5 Nov 2021, 10:08 (Ref:4081598) | #20 | |||
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5 Nov 2021, 14:27 (Ref:4081631) | #21 | ||
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5 Nov 2021, 11:57 (Ref:4081614) | #22 | ||
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5 Nov 2021, 12:08 (Ref:4081615) | #23 | ||
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I am mostly poking fun at you as I assume you meant "modern F1". And even then, VERY modern as for Porsche you have the 1962 winning car and then world championship winning TAG Porsche engine in the mid 1980's I am puzzled by the comment that alludes that somehow Audi might do better than Porsche in F1. I generally would think that both have quite a bit of recent top tier motorsports experience. Including building hybrid engines with very high combustion efficiency. I think the main thing that might have worn on people (myself included) is the perpetual rumor that Porsche is looking to do F1. Which be it Porsche, Audi or VAG in general. Seems to be very true at the moment. Richard |
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5 Nov 2021, 14:09 (Ref:4081628) | #24 | ||
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coming in with two new works teams seems overly ambitious so if they just came in as an engine manu then it would be with one engine with different branding right?
thus their success would be contingent on which team they supply. that begs the question which two teams would/could take on VAG engines? now days, Haas, Williams, Alfa, and Aston require an engine supply that comes with a bunch of other parts so unless VAG is going to be a works team and can supply said parts then those teams cant take a VAG engine on its own. retooling/restaffing under the budget cap makes going back to full constructor status incredibly difficult without overspending the cap (still dont really know what happens if one overspends though). Mclaren will stay with Merc as thats a long term deal iirc. Merc, Alpine, and Ferrari will stay works teams. even if Merc pulls out, they are contractually obligated to be an engine manu for a while so their supply will be around until the next Concorde period i would guess. that just leaves the RB teams and the possibility that VAG comes in as a partner for the RB engine program. and VAG could have tried to make that play before if they wanted to but didnt. why would RB take them on now that RB seem to have gotten the engine rules that suit their needs? even less so if they win a title this year. anyways, like most i await optimistically, but really i am expecting the inevitable VAG statement about how pants F1 is lol. |
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5 Nov 2021, 15:04 (Ref:4081636) | #25 | ||||
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Richard |
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