Ferrari Team Principal Mattia Binotto has welcomed the potential entry of Porsche and Audi to F1 when the sport introduces a new engine formula in 2026.
Rumours of the two Volkswagen Group brands joining the sport have circulated for several months, and the VW Group management voted in favour of a potential F1 entry for Porsche and Audi at a meeting in Wolfsburg, Germany, earlier this month.
While there are still plenty of details to be finalised before their entries can be considered as definite, Binotto joined the chorus of Team Principals to have spoken in favour of the two brands joining the sport.
"We are very happy for Porsche and Audi to join F1," Binotto told media, including RacingNews365.com.
"I think that's great for the sport, it's great for F1, and it's great for us to compete with such brands, so overall, I think it's good news which we need to be very happy with."
Binotto's thoughts echo those of Red Bull's Christian Horner and Mercedes' Toto Wolff, who have both already welcomed the potential arrival of Audi and Porsche into F1.
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Binotto: Much still to agree upon
Binotto cautioned, however, that there was still much to discuss and finalise before the 2026 regulations are to be submitted to the World Motor Sport Council in June.
"There are still open points on financial regulations, because they need to be finalised and formalised," said Binotto.
"What is a newcomer? How do we define a newcomer? What are the benefits of a newcomer? All that needs to be clarified and defined.
"There are points on the technical [side] still having open discussions, so there are many things that need to be moved forward and finalised.
"From now to June, time is certainly very short, which means that we need to work on it as [a] high priority."
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