F1 stragglers should consider moving over for the next generation of teams if they cannot afford formula one. That is the message of Austrian billionaire Dietrich Mateschitz, who owns two F1 teams including Red Bull Racing, the dominant clean-sweep world champions since 2010. It is believed many teams on the grid are struggling financially at present, notably Lotus and Sauber.
But the Swiss newspaper Blick claims Force India could be about to lose the crucial backing of the Sahara Group, and if Pastor Maldonado leaves Williams, he could take EUR 40 million in annual backing with him. Sauber, meanwhile, looked to have solved its crisis recently with a Russian rescue deal and Sergey Sirotkin, but that deal is rumoured to have collapsed. Blick correspondent Roger Benoit said the survival of the Swiss team might now rest on rumours of backers from Dubai.
Years ago, Minardi team owner Paul Stoddart complained loudly about the costs in F1, earning him a stinging rebuke from McLaren's Ron Dennis. "This is a tough, competitive sport and, if you can't take the heat, get out the bloody kitchen," Dennis said. "Formula one has a place for everybody, but we do not have a soup kitchen," he added.
Red Bull's Mateschitz has now issued a similar smack against those pleading with the sport's authorities about their financial problems. "If there are financial problems," he told Welt am Sonntag newspaper, "they can be solved only through financial means."
The German report said Mateschitz was referring to private funding and sponsors, rather than cost cuts or restrictive regulations. "If a team is unable to resolve the problem, they should question their commitment (to F1). There may be others who are interested in their licence," he added. (GMM)
'Force India to lose backing, Sauber rescue deal collapsed'
- Published on 05 Nov 2013 12:15
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- By: Rob Veenstra
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Jan 26
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M. Verstappen
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L. Hamilton
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L. Norris
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C. Leclerc
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Feb 13
A. Antonelli
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Bahrain International Circuit - Winter testing
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Formula 1 Calendar - 2026
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Formula 1 Calendar - 2026
Date
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
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Circuit Suzuka
10 - Apr 12
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17 - Apr 19
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Jeddah Street Circuit
1 - May 3
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Miami International Autodrome
22 - May 24
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Gilles Villeneuve
5 - Jun 7
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Monte Carlo
12 - Jun 14
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Circuit de Catalunya
26 - Jun 28
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Red Bull Ring
3 - Jul 5
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Silverstone
17 - Jul 19
Belgium
Spa-Francorchamps
24 - Jul 26
Hungary
Hungaroring
21 - Aug 23
Netherlands
Circuit Zandvoort
Driver profile
- Team Renault
- Points 27
- Podiums 0
- Grand Prix 19
- Country Venezuela (Bolivarian Republic of)
- Date of b. Mar 9 1985 (41)
- Place of b. Maracay, Aragua, Venezuela (Bolivarian Republic of)
- Weight 68 kg
- Length 1.73 m
- 27,547 comments on Renault
9 members have this team as their favourite
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- Team name Red Bull Racing
- Base Milton Keynes, Leafield, Austria
- Liam Lawson
- Liam Lawson
- Sebastian Vettel 1
- Sebastian Vettel 1
- Sebastian Vettel 1
- Sebastian Vettel 1
- Daniel Ricciardo 3
- Sebastian Vettel 5
- Isack Hadjar 6
- Pierre Gasly 10
- Sergio Perez 11
- Sebastian Vettel 15
- Yuki Tsunoda 22
- Daniil Kvyat 26
- Max Verstappen 33
- 918,429 comments on Red Bull Racing
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- Tweets about Red Bull Racing
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