The Athletic.

The race is on, and the Red Bull Porsche deal is off.

But why has what sounded like the ideal partnership on paper turned to dust?

I'm Edgraw, and joining us to help unravel the mystery

is Scott Mitchell Malman. Well Scott, you're joining me from afar. I'm here in Coma. You may hear

some thunder in the background or up in the mountains above Monza where things are getting a little

bit lively weather-wise, but the big storm at the circuit today was Porsche. We had some idea this was

unraveling, but it's amazing how not so long ago, was it Hungarian Grand Prix weekend just before

the document emerged, showing what Porsche was intending to do, it seemed like it was all happening,

and now Porsche Red Bull is not going to go ahead. How did it come to this?

Yeah, it's something that obviously we were saying for such a long time

seemed like a foregone conclusion,

and that was the feeling within the Formula One paddock,

people within Formula One, people within other teams.

And even I think within Red Bull, I think the expectation was that this deal was going to come off until it emerged that Porsche was basically absolutely adamant on having a stake in the team or having a stake in the business,

which went against what Red Bull were willing to give up.

And I think this is really what swung it.

But it's really difficult to track the exact timeline.

The only thing I think we can say for sure is that around sort of probably June, July, I think,

the Red Bull, uh, the Red Bull consensus on a Porsche deal turned. Because I think up to that point,

again, it's very, very difficult to know for sure, but it feels like the initial offer of a stake in Red Bull technology, which is effectively, it's effectively the F1,

it's effectively the F1 operation for Red Bull. The 50% stake in that came from the Dietrich Massachusetts side, so the actual owner of Red Bull. The 50% stake in that came from the Dietrich-Machitz side, so the actual owner of Red Bull.

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