In the course of a possible Formula 1 entry by Porsche, Porsche AG and Red Bull have held talks in recent months. Both companies have jointly concluded that these talks will not be continued, Porsche said in a press release. The premise was always a partnership at eye level, including not only an engine partnership but also the team. This could not be realized. However, with the agreed changes to the regulations, the racing series remains an attractive environment for Porsche, which will continue to be monitored, the company said.