Porsche's motorsport boss Thomas Laudenbach has revealed that the iconic brand's Formula 1 aspirations are no longer held, as he admits the sport is now "off the table" as they focus on other ventures instead going forward. The German manufacturer had previously been in a "final evaluation phase," alongside Volkswagen Group's sister brand Audi in April 2022. A prospective agreement with Red Bull fell through due to a "strategic non-alignment" with the Milton Keynes-based outfit, team boss Christian Horner formerly said. There are now no plans for an F1 comeback, and Laudenbach explains why.