LG signs some of the most fashionable mobile phones out there. A Formula 1 handset is their latest initiative to outrun cell phone competition in the race to get clients, although there are many steps left to be made until we will actually see such a device out on the market.

Formula 1 and LG are probably some of the best known brands out there and them joining forces means small chances of crashing on the track. LG’s chief marketing officer, Dermot Boden, was pretty clear about their intentions and told journalists that it was “looking to develop products in the future with Formula 1”.

The Formula 1 phone will be in big competition with the Porsche phone, although right now there is no information concerning the way it will look. The difference between the two devices is less important when it comes to specification, but major when it comes to which one of them crosses the launching line first.

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