Porsche Considers Joining Formula One

Taking a cue from its new chairman, Porsche may return to racing in Formula One in the near future according to GrandPrix.com

At the Paris Motor Show, Matthias Muller has said that there exists a possibility that Porsche would start a Formula One project in the future. At present, it competes in the Le Mans Prototype sportscar class.

However, sister-company Audi is also competing in the same event where showcases its diesel technology questioning the sense of the two brands going against each other. Both Audi and Porsche are owned by the Volkswagen Group.

Muller was quoted as explaining further:

With LMP1 there are two classes and two brands – Audi and Porsche. We will have to discuss whether it makes better sense for one of the brands to go into LMP1 and the other into F1.

The timing is right as the group that oversees development of Formula One engines are set to meet in London this week to discuss possible development it would take in 2013. By that time, F1 is expected to have new engine regulations possibly going back to small capacity power units like 1.6-litre turbocharged engines.

This would provide Porsche a good opportunity to return to F1 as an engine supplier. Audi has no experience in competing in Formula One while Porsche has had considerable success during the 1958 to 1964 seasons, 35 grands prix in total with a win in the 1962 French Grand Prix for Dan Gurney.

Porsche has a considerable following in the US, being a common sight in the garages of Hollywood stars, young executives and the affluent. And with Formula One gaining more world wide presence, the future looks good for both the sport and Porsche.

Image by BeverlyHillsPorsche