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Porsche is reportedly planning to purchase a 50 percent stake in Red Bull's Formula One operation, per Laurence Edmondson of ESPN.
Morocco's Conseil de la Concurrence published a document containing the automotive company's plans.
Red Bull confirmed ongoing discussions for Porsche to join the company by 2026, but denied that anything was finalized.
"Further to speculation that has been reported about a potential future involvement from Porsche into Red Bull Powertrains and Red Bull's Formula One team. As has been previously stated, the companies remain engaged in constructive discussions," Red Bull said in a statement to ESPN.
"We all are looking forward to the satisfactory finalisation of the FIA's various sporting, financial and technical regulations for 2026."
Red Bull engines have been produced by Honda since 2019 before it withdrew from F1 at the end of the 2021 season. Red Bull created its own powertrain division last year and planned to build its own engines by 2026, although it could now feature a partnership with Porsche.
Porsche has not been involved in F1 as a manufacturer since 1964.
Red Bull Racing, meanwhile, has become one of the most successful teams in the sport and currently leads the constructor standings for the 2022 season. Max Verstappen is in first place in the driver standings as he seeks his second straight title while his Red Bull teammate Sergio Perez is currently in third.
The team is looking to end an eight-year run of constructor championships by German manufacturer Mercedes, led by superstar Lewis Hamilton.
Porsche, also based in Germany, could help further boost the rivalry that has dominated Formula One for more than a decade.
After getting his first win of the season at the Monaco Grand Prix, Sergio Perez has signed an extension with Red Bull Racing through 2024, per Sky Sports.
Perez is coming off an impressive showing in Sunday's race, starting in third place but taking over the lead early and holding on for his third career win.
The Mexican driver has been in Formula One since 2011, signing with Red Bull ahead of the 2021 season.
Perez had his best career season after signing with Red Bull, earning 190 points that included one win with five total podiums on his way to a fourth-place finish. The 32-year-old also finished fourth in 2020 with the Racing Point team.
Checo is off to an even better start in 2022, currently sitting in third place through seven races in the driver standings. He is only 15 points behind leader and teammate Max Verstappen.
In addition to his recent win, Perez has three runner-up finishes and hasn't been worse than fourth in any of the last six starts.
The consistency is enough for Red Bull to stick with the driver for at least two more years as the team tries to bring home its first title since 2013, when Sebastian Vettel won the last of his four consecutive drivers' championships.
Red Bull currently leads the constructor standings by 36 points over Ferrari.
Helmut Marko, who is part of the management team for Red Bull motorsport, suggested the team's Formula 1 drivers and juniors should come together for a camp to be infected with the coronavirus, per Andrew Benson of BBC Sport.
"They are all strong young men in good health," Marko said. "That way they would be prepared whenever the action starts."
The idea was abandoned after the rest of management argued against it.
"Let's put it this way: It has not been well-received," Marko said.
Eight races of the F1 season have already been canceled as a result of the global pandemic, delaying the campaign through at least June 7.
According to CNN.com, more than 740,000 people have contracted the coronavirus worldwide, leading to 35,000 deaths.
While the disease is more dangerous for older people, it can still be dangerous for young people.
According to the World Health Organization's emergencies chief Dr. Mike Ryan, 10-15 percent of people under 50 have moderate to severe infection, per Lauran Neergard of the Associated Press (via ABC News).
Marko, 76, also said he already had the disease in February before recovering.
"I had what I thought was a severe cold and the symptoms would match corona," he said. "It was also something that I had never had in this intensity."
He was unable to confirm his diagnosis because there was limited testing in Austria at the time.
