(Motorsports news) Despite the lack of any official announcement about the partnership between German car manufacturer Porsche and the Milton Keynes-based F1 team Red Bull, the formal processes have already begun for a 50% stake of the team. One of the hurdles that needed to be overcome was getting a green light from anti-cartel authorities around the world to ensure that there was nothing wrong in the two companies joining up. They also need applications to be lodged in more than 20 countries outside the EU.

One of these is the country of Morocco, whose government legislation states that applications are subject to mandatory publication once approved. The process to get the green light has required Porsche and Red Bull to reveal details of all their deals of the tie-up, which have subsequently  now been published in Morocco by the Conseil de la Concurrence. The document reveals that Porsche notified them on July 8 and that it will be a 10-year partnership with Red Bull, which also includes a 50 percent stake in its grand prix operation. It suggests the partnership will be officially announced on August 4.

It only mentions a 50 percent buy-in of Red Bull Technology, but it is understood that the partnership will also extend to separate F1 teams also. The original plan was to announce the partnership at the Austrian Grand Prix three weeks ago.The idea was postponed because the FIA World Motor Sport Council did not approve the new engine regulations from 2026 as announced on June 29 so finalised engine change regulations are a prerequisite for Porsche to officially communicate its entry back into F1.

The Moroccan document only mentioned that the partnership is only with Red Bull but it's rumoured that sister company AlphaTauri will in all likelihood also get Porsche powered engines. The Faenza-based team will still remain 100 percent in the hands of Red Bull. The second brand coming into Formula 1 is the Volkswagen Group or Audi, whose entry into Formula 1 entry has already been approved by all the necessary bodies, but is not yet as far along with its project as Porsche. According to recent reports the Ingolstadt-based company is still negotiating with Sauber owner Finn Rausing about the acquisition of 75 percent of the team.

The Volkswagen Group members had already given the green light after seeing Porsche and Audi's Formula 1 entry on April 7, 2022, and they also approved the corresponding budgets after all the boards of the two brands had previously given their consent. There were doubts briefly because Volkswagen Group CEO Herbert Diess announced his resignation on July 22. However, Diess was replaced on September 1 by the former CEO of Porsche AG, Oliver Blume, who was already one of the major supporters of the Formula One program at brand level at Porsche and he is on the same wavelength to enter F1. 

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