According to a report by Motorsport.com, Porsche could look to return to Formula One as an engine supplier from 2021 following new regulations that are being proposed. The brand had previously announced it will terminate its LMP1 programme in the FIA World Endurance Championship at the end of 2017.

Porsche’s most recent involvement in F1 was way back in 1991, where it supplied engines to the Footwork team, albeit without much success on track. Footwork eventually replaced Porsche with Mugen as its engine supplier for the 1992 season. Prior to that, the company also supplied engines branded as TAG units for the McLaren Team. Currently, Porsche’s link to the sport is via the Supercup, a one-make supporting race to the Formula One World Championship.

“F1 could be one of the right places. As you know Formula E is very important for us now, and F1 is always a good topic to think about. And I think we are in quite good discussions regarding the new engine,” said Lutz Meschke, deputy chairman of Porsche’s executive board and member of the board for finances and IT, who met with Ross Brawn and other F1 chiefs at the Italian Grand Prix.

He added that “discussions are around being a supplier,” with no plans to form a works team for F1, unlike its 2019 entry into Formula E. Asked if the current plans for a twin-turbo V6 with less technology could attract Porsche to F1, he replied, “absolutely. We have to cut costs in F1, and it’s a good way to reach this target.”