First it was a rumor, then a maybe, then it was a no way, then a maybe again, and now it's finally officially confirmed news that Porsche will be re-joining the Formula One grid for the 2026 season. The official statement from Volkswagen Group was that the move for Porsche and sister brand Audi would come when the 2026 engine regulations were …
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Recent Posts from: Herbert Diess
Volkswagen Group CEO says Porsche won’t be issuing an IPO just yet
In recent years it has seemed inevitable that every automotive manufacturer would be spun off into its own stock IPO. After all, why not? If Tesla can be valued over one trillion dollars, why can't Porsche? What does Tesla have that Porsche doesn't? We've recently seen Volvo's Polestar spun off and IPO'd with a SPAC. The market has been buzzing at …
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