German sports car manufacturer Porsche has once again ruled out re-entering formula one in the near future. In February, the marque’s head of motor sport Hartmut Kristen denied that recent infrastructure developments were in preparation for a grand prix return. To the news agency Sport-Informations-Dienst, he has now referred to Porsche as a small independent manufacturer, despite the fact that it was awarded first place last May as the most prestigious automobile brand by New York’s Luxury Institute and owns a large share of Volkswagen.
“The question for us is: can the capital commitment that would be necessary for formula one return enough to make it preferable to other projects?
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