But only if these conditions are met.
The 2021 Formula 1 season has been one of the most exciting and unpredictable in a long time. At the time of writing, Max Verstappen is currently leading the championship by just 12 points over Lewis Hamilton, so it's going to be a nail-biting end to the season. Aston Martin returned to the grid as a works team for the first time in over 60 years and now Porsche is "seriously considering" returning to the world of F1 for the first time since 1991.
According to Motorsport.com, Volkswagen Group, which owns Audi and Porsche, is in talks with the FIA to discuss Porsche potentially entering Formula 1 in 2026 when new engine regulations will be in place.
Porsche's new vice president of motorsport Thomas Laudenbach is said to be "heavily involved in the decision-making process" and believes that the engine regulations required for Porsche to enter F1 are "falling into place".
One of these requirements is increasing the electrification of F1's turbo hybrid engines as the auto industry transitions to EVs.
"If you look into the future and you look at what car manufacturers are announcing concerning the share of electric vehicles they want to sell in the future, I think it is very important that Formula 1 does a shift towards electrification," said Laudenbach. "Yes, it is clear you can't do such a format with a [fully] battery electric vehicle. We all know that. But there needs to be a much higher priority on the electric part of the powertrain. That is important. As an OEM, you want to show yourself in motorsport, it needs to be relevant to what happens on the road."
If Porsche is going to race in F1, Laudenbach wants F1 to implement more cost-cutting measures as this would allow the electric capacity of the power units to be increased. In addition, Laudenbach suggested using more standardized parts in the combustion engine. "It's not a secret that we are thinking about [F1]. It's not a secret we are talking to the FIA and it's not a secret that we are, let's say, seriously considering it," he said.
"But there is no decision made yet. From what I know, a lot of things are going to the right direction concerning Formula 1 - how important is the electrification or the electric part of the powertrain. We would like to see more standard parts in the engine, the freedom of electric parts. Yes, many of the factors that I mentioned from what we know, they might be coming true."
Whether Porsche intends to race as a works team or partner with an existing one remains to be seen, though rumors have suggested VW Group has been in talks with Red Bull, McLaren, and Williams to discuss potential partnerships. We'd love to see Porsche battle it out with Ferrari and McLaren on the track. Becoming a Formula 1 works team would also help broaden the brand's worldwide appeal and boost Porsche 911 sales.
Whatever happens, a decision about Porsche's involvement needs to be made sooner, rather than later. "One thing is clear if such a decision is made you can't wait too long because if you want to race in 2025 you have to start at a certain time. That's where we are," Laudenbach concluded.