Porsche Evaluating F1 Entry Possibility
Porsche CEO Matthias Mueller has told reporters from AutoCar Magazine that Porsche are considering entering Formula One in attempts to diversify their competition portfolio and to reduce competition among the brands it owns.
Currently Porsche compete in Le Mans Prototype (LMP) racing, as do Audi who Porsche now own through their deal with Volkswagen. VW have previously expressed some interest in joining F1, but in the distant future. However those plans to join, which were considered initially to be done under the Bugatti name, appear to have been pushed forward rapidly.
“With LMP1, there are two classes and two brands – Audi and Porsche. We do not like to both go into LMP1 [against each other]; that is not so funny,” Mueller told Autocar’s website at the Paris Motorshow
“So therefore we have to discuss whether it makes better sense for one of the [two] brands to go into LMP1, and the other brand into F1. So we will have a round-table to discuss the pros and cons.”
Initially the plan looks likely to be entering as an engine supplier, but it could turn into a whole team as there is still an empty slot on the grid which was not filled for the 2011 season. Surely Porsche would be a better candidate than many who attempted to get onto the grid for 2011. They would be likely to join from 2013 when the new engine regulations take effect.