So after this year's Rennsport Reunion, Porsche lent us a 918–plus a Panamera Turbo S E-Hybrid–for a road trip from Monterey, California, to Los Angeles. It's been five years since production began, and we're about a year away from the debut of the Taycan, Porsche's first all-electric car, which will have a lot of 918 in its DNA. So first Porsche get Bugatti from Volkswagen, rumours are rife of a float on the stock exchange and now perhaps themselves percentage wise? Porsche SE always owned Volkswagen AG, never the other way around.Now seems like the perfect time to revisit the 918. Half of the shares offered would have voting rights attached, they added, and a special dividend was also being considered."
Under the current plan, VW would seek to raise at least €20bn through floating about a quarter of Porsche which it expects to be valued at between €80bn and €90bn, according to a person with direct knowledge of the matter. The world’s second-largest carmaker by volume said it was in advanced talks with the investment vehicle of its controlling shareholder, the Porsche-Piëch family, over floating one of the automotive industry’s most historic names. Quote>"Volkswagen has taken the first step towards a €20bn initial public offering of its Porsche brand, in what would be one of Germany’s biggest listings in years. "Volkswagen in advanced talks over €20bn listing of Porsche brand." The hybrid is planned to produce 50% of the total power output of the engine."Ībsolutely stunning news! And any "haters", and everyone knows who~ can go absolutely FK themselves!😂 The hybrid system itself will be simplified for 2026, with the removal of the complex MGU-H, which recovers and redeploys energy from the turbocharger. The architecture of the engine will be the same as now, a 1.6-litre V6 turbo hybrid. Last month, the VW Board approved in principle the idea of Porsche and Audi entering F1, once the engine rules were confirmed.į1 has not yet fully defined the engine regulations but the overall direction of travel is clear. F1's new engine will run on fully sustainable fuels - a non-negotiable requirement for a VW Group entry - and will make electric power a greater proportion of the overall output of the engine than is currently the case. Last year, then Porsche Motorsport vice-president Fritz Enzinger told BBC Sport the company was again considering an entry, as long as the new engine rules went in a way that suited it. It was included in discussions over the current engine rules when they were being discussed at the beginning of the last decade, but ultimately decided against entering. The VW Group has toyed with the idea of entering F1 for decades, without ever formally committing. It is said to have had talks with McLaren, Sauber, Aston Martin and Williams. Porsche would partner with the team's new engine division, which has been set up to design and build the drinks brand's own power-unit for the new engine regulations due in F1 in 2026, and the team would run as Red Bull-Porsche.Īudi will come in as a team and has been linked with buying out an existing entrant. Porsche is said by F1 insiders to be preparing an alliance with Red Bull.
Speaking at an event in Wolfsburg, where VW is based, Diess added that Porsche's preparations were more concrete than Audi's, without specifying details. "You just run out of arguments ," Diess said. He said Audi and Porsche bosses, whose brands are VW's biggest income generators, argued entering F1 would bring in more money than not doing so.
VW chief executive Herbert Diess said discussions about F1 at board level had created divisions within the group. Quote>"German car companies Audi and Porsche have decided to enter Formula 1, the boss of their parent group Volkswagen said on Monday. OFFICIAL GERMAN GIANTS to join Formula One! Porsche, the greatest sportscar manufacturer in history and Audi one of the greatest manufacturers in sportscar racing to join in a couple of seasons!
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