Porsche will not be entering Formula 1 in 2021, although the Stuttgart based manufacturer are yet to make it official a report in Germany suggests the timing is wrong for the company which is facing billions in fines for the emissions scandal.
Auto Motor und Sport, quoting several sources including VW insiders, report that even if the engine rules beyond 2020 suited the German manufacturer there would be no top-flight project for a number of political reasons and that simply put "the time for an F1 entry was just wrong."
Different sources confirm that Porsche has finally and definitively blown off a Formula 1 entry. Without stripped-down hybrid technology and with the burden of the exhaust scandal hovering over the brand, committing to the premier class makes no.
Meanwhile, Formula 1 has yet to confirm the engine rules beyond 2020 but this is unlikely to have impacted the decision as a Porsche foray - if it had happened - was only expected for 2022.
Before committing their future to Honda, Red Bull bosses flirted with the VW group in an attempt to lure either Audi or Porsche to Formula 1, but to no avail.