Who will prevail? The Teutonic Germans with their American partners and the sensibly cost-controlled LMP2-based chassis, or the Scuderia with its Italian flair and insistence on taking the Hypercar route because it offers more engineering flexibility?Porsche has 19 overall Le Mans 24 Hours victories to its name, while Ferrari lags behind with nine – but hasn’t officially contested it as a factory entry in the top class for 50 years .
“The racing series nevertheless remains an attractive environment for Porsche, which will continue to be monitored," is the official line. As an engine supplier, Porsche has 25 extra wins thanks to its successful partnership with McLaren and TAG in the 1980s.How Porsche’s next F1 entry will look is anybody’s guess – whether it attempts to build its own team or buys into a strong midfielder like McLaren, whose team manager Andreas Seidl is no stranger to Porsche, having run its Le Mans prototype program in the recent past.
Wealth funds from Abu Dhabi, Norway and Qatar will be major investors – not bad for a business that was essentially family run for decades before being swallowed by the Volkswagen Group in 2009.Of course, Ferrari itself went public in 2015. As with many of these hugely hyped IPOs, it was initially viewed as a failure, with its stock price falling by 6% in the opening week – and then tanking by over 40% in the following months.
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Source: LBC - 🏆 17. / 74 Read more »