Porsche and Red Bull scrap Formula 1 partnership talks

Porsche call off Formula 1 collaboration with Red Bull after talks breakdown Statement declares Red Bull-Porsche F1 link-up talks officially over The collapse of talks with Red Bull which is dominating F1 this season is a blow to the Volkswagen brand ahead of its planned initial public offering this year. Red Bull and Porsche failed to agree on the structure of the proposed partnership according to people briefed on the talks. One person with knowledge of the discussions said Porsche had wanted,

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