Christian Horner has shed some light on the reasons behind the collapse of Red Bull's planned partnership with German carmaker Porsche.
The Stuttgart-based brand had made it clear it wanted to get involved in Formula 1, and not just as an engine supplier. The plan had been to enter a 50/50 partnership with Red Bull and have a large say in how the team is run going forward.
But though talks were at a very advanced stage not so long ago, the deal is now dead. Porsche confirmed the proposed partnership's collapse in a statement on Friday in which the carmaker said that talks had fully broken down – but that it will still seek to enter the sport if the right opportunity presents itself.