This is a strange sounding title. It sounds like Porsche was fighting against Apple’s colors in Laguna Seca, when instead they’ll be used on Porsche cars.
FWIW I agree with you, this title made it sound like Porsche was going to file a lawsuit against Apple. Maybe it's a cultural thing but I've never heard "contest" being used this way in American English, at the very least.
Out of the context of racing perhaps, but the 'in' should have made it clear. Maybe if you don't know what Laugna Seca is one might get confused. But then this press release probably isn't aimed at you.
https://www.oxfordlearnersdictionaries.com/us/definition/eng...