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Daily Mirror
Daily Mirror
Sport
Daniel Moxon

Porsche deal with F1 team "almost done" after collapse of Red Bull negotiations

Porsche are apparently close to striking a deal with Williams to buy a 50% stake in the historic Formula 1 team, according to a report.

The German car manufacturer has made no secret of its desire to enter the F1 world. For a long while, it looked as though it would happen through talks with Red Bull, which reached such an advanced stage they trademarked the term "F1nally".

But that proposed partnership never materialised. In September, Porsche released a statement confirming that they had pulled out of the deal – but the carmaker also made sure to add that it would still be pursuing other options to get into F1.

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