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$27.4 Billion Company Interested in Beating Honda to Red Bull F1 Deal as Ford Gives Andretti Hope After Cancelled Deal

Published 10/16/2022, 8:50 AM EDT

The hype surrounding F1 is at an all-time high. The upcoming 2023 season with a record number of races proves exactly that. A plethora of entities want to associate with Formula 1, but only a few can. Porsche and Red Bull’s partnership was a real possibility until the deal fell through. However, there are still a lot of options for the Milton Keynes outfit.

According to Red Bull’s advisor, Dr. Helmut Marko manufacturers are lining up for an opportunity to enter the circus. Thanks to the booming popularity, car manufacturers want to become a part of the pinnacle of motorsport. Additionally, interest is being generated from all across the globe.

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“I can only say: Formula 1 is booming at the moment so that it is a logical step for every manufacturer to think about getting involved. There are a few manufacturers, not just Germans, who are also interested in this,” Marko told Sport1. (Translated using Google)

Red Bull’s deal with Porsche was in the final stages until the collapse. However, the almost champions can go back to partnering with Honda or they can choose a completely different avenue. Hyundai, with a market cap of $27.4 Billion, is interested in becoming a part of the traveling circus with Red Bull as well.

The Hidden Reason Why Red Bull is Shutting the Doors on Porsche’s F1 Dream: “Horner Fears…”

However, a collaboration with the Milton Keynes-based outfit is just one option. There are still a few teams on the grid who depend on third parties for their power units.

Apart from Korea, the hype is touching new highs in America every day, and the Andretti group wants to take it one step further.

F1 hopeful Andretti Global still looking for a place on the grid

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Red Bull is an attractive option for most manufacturers trying to get into the sport seeing the team’s recent success. However, the American car manufacturer Ford wants to put their logo on an American team.

The only problem is that the American team of Andretti has made countless unsuccessful attempts of putting themselves on the grid. However, there’s a feeling Andretti Global will not stop until they get a spot on the grid. If they do, Ford will be more than happy to provide them with the power units according to reports.

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WATCH THIS STORY: Christian Horner Speaks Up on Possible Audi-Porsche 2026 F1 Partnership – “Would Be Very Easy…”

With Audi already confirmed to enter the sport by 2026, we might still see a lot of changes on the grid. It’s the silly season for car manufacturers and all the teams on the grid.

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Written by:

Mahim Suhalka is an F1 Author at EssentiallySports. This Sports Management post-graduate is an ardent supporter of the Mercedes AMG Petronas F1 team and their lead driver, Lewis Hamilton. The fact that Lewis dominated one of the most expensive sports in the world for all these years, despite his humble beginnings, has been a huge inspiration for Mahim and has made him a tenured fan of the competitive sport itself.

Edited by:

Ranvijay Singh

$27.4 Billion Company Interested in Beating Honda to Red Bull F1 Deal as Ford Gives Andretti Hope After Cancelled Deal

F1 hopeful Andretti Global still looking for a place on the grid

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