There are eight car brands represented on the current F1 grid. Two (Mercedes and Renault) are standard. Two (Ferrari and McLaren) fill master specialties yet are completely dedicated. Two (Alfa Romeo and Aston Martin) are utilizing F1 as a platform just with no specialized inclusion, one (Honda) is a motor provider in particular, and the last (Infiniti) rides on the rear of its Renault-Nissan union accomplice.

Why BMW is reluctant to join the F1 grid

BMW has clarified that they aren’t keen on coming back to the sport. The power unit period has no importance to their street vehicle innovation. Nowadays BMW, in the same way as other of their opponent vehicle producers, is concentrating on Formula E. The team is with the Andretti group in the wake of connecting up with the outfit from 2018.

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New guidelines are coming to F1 from 2021, planned for making the arrangement progressively serious and reasonable, yet that despite everything doesn’t intrigue BMW as they feel that F1 innovation has no relevance to their road car innovation.

BMW racing boss Jens Marquardt said: “The V6 turbo hybrid has nothing to do with what we do in (road) car production.

“From an engineering perspective, I say hats off to what they do in Formula 1. But technology has no relevance to the road.”

BMW nowadays focuses on the DTM and Formula E, with the Andretti team. The latter class is a more suitable alternative to the German brand than the F1. It is because of the electrification that is going on in the car market.

Porsche’s plan for F1

Porsche, on the other hand, was quite close to entering F1. In 2017, Porsche had initiated the development of a highly efficient six-cylinder engine, although its final use had yet to be defined.

“It was really close,” said Fritz Enzinger, Porsche motorsport boss.

“We were involved in the regulatory discussions between the FIA and the F1 promoter Liberty Media.

“However, in the construction phase, the group favored an e-mobility motorsport policy. But the 1.6-liter V6 engine was already on the test bench.”

“As of 2017, Porsche was a member of the FIA Manufacturers Commission. It was involved in the discussions about the future drive strategy in F1 from 2021 and represented at the meetings.

Porsche’s F1 possibilities finished when the parent Volkswagen Audi Group picked to drop its World Endurance Championship LMP1 venture for a Formula E entry. The possibility of simplified and less expensive F1 motors slowed down.

Teams are favoring Formula E

There were several rumors surrounding the Mercedes F1 team, but Ross Brawn and Toto Wolff have cleared the air by saying that they are in the game till 2021. Mercedes entered Formula E for the 2019-20 season. No new teams are entering the F1 arena as they are now favoring the Formula E. There can be many reasons to it like new regulation changes for 2021, Budget cap, the sustainability of Electric engine over combustion.