Porsche will withdraw from the World Endurance Championship (WEC) LMP1 class at the end of this season, but will maintain its GT effort with the Porsche 911 RSR. It has also confirmed its entry into the Formula E championship from 2019.
Porsche also announced that its LMP1 team would remain intact; this includes drivers Nick Tandy, Neel Jani, Earl Bamber, Brendon Hartley, Timo Bernhard and André Lotterer, although it's not clear which championships they will race in. Development of the Stuttgart-based firm's first Formula E race car is already under way.
The brand will continue its effort in racing in the GT class of WEC, with the 911 RSR now the focus of its combustion-engined racing efforts. It has seen great success in the LMP1 class, with three Le Mans 24 Hour victories in a row.