Porsche called off their planned engine tie-up with Red Bull from 2026 on Friday morning ahead of the Italian Grand Prix after the two parties failed to reach an agreement. The German car company had been targeting an F1 entry in line with new engine regulations in 2026 and were expected to join forces with Red Bull. Sister Volkswagen Group brand Audi announced their F1 entry in 2026 last month. Porsche said they will continue to explore joining F1, adding in a statement “the racing series nevertheless remains an attractive environment for Porsche, which will continue to be monitored.” Speaking to media including…