Porsche Reported To Take 50% Stake In Red Bull Racing
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https://www.carscoops.com/2022/07/po...d-bull-racing/
"Legal documents surrounding Porsche's entry into Formula 1 have revealed that the German sports-car manufacturer will take a 50 percent stake in Red Bull Racing, with a 10-year commitment from Stuttgart. While an official release is yet to materialize, European Union anti-trust regulations that require such tie-ups be green-lit in advance have led to the publication of the deal. As reported by Motorsport.com, the revelation comes from Morocco, one of 20 countries outside the EU where the move was lodged and has been made public due to the country's stipulated process."
While the documents report Porsche taking a 50 percent stake in Red Bull Technology, according to the report, the deal will be extended to the entire team.