Official says Porsche 'can afford' own F1 team

A second leading figure of the famous sports car maker Porsche has admitted the German marque is considering a new Formula One foray. Porsche's new chief executive Matthias Mueller kicked off the reports with his comments at the Paris motor show...

A second leading figure of the famous sports car maker Porsche has admitted the German marque is considering a new Formula One foray.

Porsche's new chief executive Matthias Mueller kicked off the reports with his comments at the Paris motor show last week.

And now Wolfgang Durheimer, Porsche's research and development director, has revealed that the marque is not simply considering becoming an engine supplier as it was in 1991.

"If Porsche was to go to Formula One, then it would only be with its own team, because you need complete control over all the competition-related factors, including the car and its technology," Durheimer is quoted by Auto Motor und Sport.

"Porsche is a very profitable company, we can afford that," he added.

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Series Formula 1