RED BULL PORSCHE DEAL CRUMBLES AFTER FOUR YEARS

Original: Insider reveals how Red Bull’s billion-dollar Porsche deal collapsed

Red Bull's proposed billion-dollar joint venture with Porsche collapsed approximately four years ago, marking one of Formula 1's most significant failed partnerships.

It is almost exactly four years since one of the most spectacular joint ventures Formula 1 might ever have seen fell apart in late summer 2022. Red Bull and Porsche had agreed to join forces in grand prix racing – only for Red Bull to pull out at the very last moment after a marathon of negotiations