Angry Red Bull F1 Boss Christian Horner ' Appalled' at Competitors' Accusations Breaking HEAD TOPICS

Angry Red Bull F1 Boss Christian Horner ' Appalled' at Competitors' Accusations

10/23/2022 4:05:00 AM

Horner says cost cap breach accusations have become personal and that ' kids of Red Bull employees are being bullied in playgrounds'

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Horner says cost cap breach accusations have become personal and that 'kids (of Red Bull employees) are being bullied in playgrounds' Horner says cost cap breach accusations have become personal and that 'kids (of Red Bull employees) are being bullied in playgrounds' Getty ImagesThe FIA has confirmed that the Red Bull Formula 1 team eclipsed the sport's $145 million cost cap in 2021.The Formula 1 paddock is patiently waiting on a penalty verdict that if too light could literally render a cost cap useless.Horner said that the penalty phase of the breach is ongoing, though the team principal declined to say if a possible resolution has been offered by the FIA. Ahead of this weekend's F1 United States Grand Prix, the FIA has confirmed that the Red Bull Formula 1 team eclipsed the sport's $145 million cost cap in 2021.The FIA calls it a 'breach of financial regulations.' The Formula 1 paddock is patiently waiting on a penalty verdict that if too light could literally render a cost cap useless. After all, if the penalty is merely a fine or a slap on the wrist, the cap will be toothless and will not keep the big teams from overspending. Read more:
Autoweek » Red Bull Empire Co-owner, F1 Team Owner Dietrich Mateschitz Dies at 78 Red Bull co-founder Dietrich Mateschitz dies Red Bull co-founder Dietrich Mateschitz dies at 78 Red Bull co-founder Dietrich Mateschitz dies at 78

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Read more >> Red Bull Empire Co-owner, F1 Team Owner Dietrich Mateschitz Dies at 78Mateschitz co-founded Red Bull in the 1980s alongside Thai entrepreneur Chaleo Yoovidhya, owns two F1 teams, Red Bull Ring circuit in Austria. Red Bull co-founder Dietrich Mateschitz diesAustrian billionaire and co-founder of energy drink company Red Bull and owner of the Red Bull Formula One racing team, dies aged 78. Red Bull co-founder Dietrich Mateschitz dies at 78Austrian billionaire Dietrich Mateschitz, the co-founder of energy drink company Red Bull and founder and owner of the Red Bull Formula One racing team, has died. He was 78. He ran out of energy. RIP Red Bull co-founder Dietrich Mateschitz dies at 78Austrian billionaire Dietrich Mateschitz, the co-founder of energy drink company Red Bull and founder and owner of the Red Bull Formula One racing team, has died. He was 78. Drank too much of his product Red Bull co-founder Dietrich Mateschitz dies at 78Austrian billionaire Dietrich Mateschitz, the co-founder of energy drink company Red Bull and founder and owner of the Red Bull Formula One racing team, has died. He was 78. Well at least he got to see his team go out on top. Red Bull Formula One owner Dietrich Mateschitz dies at 78Austrian billionaire Dietrich Mateschitz, the co-founder of energy drink company Red Bull and founder and owner of the Red Bull Formula One racing team, has died Clive Mason Getty Images The FIA has confirmed that the Red Bull Formula 1 team eclipsed the sport's $145 million cost cap in 2021.Joan Cros Garcia - Corbis Getty Images Red Bull used an aggressive marketing strategy in extreme sports and this led to a sponsorship partnership with Sauber in Formula 1 from the mid-1990s.Mateschitz was"a towering figure in motor sport," says Mohammed Ben Sulayem, president of motor sports governing body FIA.Officials with the Red Bull racing team at the United States Grand Prix in Austin, Texas, said Saturday that Mateschitz had died. The Formula 1 paddock is patiently waiting on a penalty verdict that if too light could literally render a cost cap useless. Horner said that the penalty phase of the breach is ongoing, though the team principal declined to say if a possible resolution has been offered by the FIA. A year later it took control of the backmarker Minardi F1 squad, naming it Toro Rosso. Ahead of this weekend's F1 United States Grand Prix, the FIA has confirmed that the Red Bull Formula 1 team eclipsed the sport's $145 million cost cap in 2021. The head of the Red Bull Formula One team, Christian Horner, described Mateschitz as a passionate supporter and the "backbone of all we do" as he paid tribute. The FIA calls it a 'breach of financial regulations. Mateschitz co-founded Red Bull in the 1980s alongside Thai entrepreneur Chaleo Yoovidhya , having recognized the potential of an energy drink while visiting the country.' The Formula 1 paddock is patiently waiting on a penalty verdict that if too light could literally render a cost cap useless. "He is the reason that we are here. After all, if the penalty is merely a fine or a slap on the wrist, the cap will be toothless and will not keep the big teams from overspending. Red Bull eventually branched out into team ownership as it acquired Jaguar Racing in 2004 when it was put up for sale by Ford, and a year later it took control of the backmarker Minardi squad, naming it Toro Rosso." Mateschitz was "a man of vision, strength of character and never afraid to follow his dreams as he did here in Formula One," he told Sky Sports F1 . McLaren Racing CEO Zak Brown was a little more blunt, calling any breach"cheating" in a letter he admits he sent to the FIA. Brown said on Saturday at Circuit of the Americas that the letter was not directed at any one team in particular. A year later, Red Bull emerged as a front-running force under new regulations and took four successive titles with Vettel between 2010 and 2013. That's not the way Red Bull team principal Christian Horner took Brown's pointed comments. A remarkable man and inspirational individual. "We've had sight of that letter, and it's tremendously disappointing," Horner said on Saturday at COTA. Mark Thompson Getty Images Having played second fiddle to Mercedes for several years it returned to the top of the standings with Max Verstappen beating Lewis Hamilton to the 2021 title ." Red Bull driver Verstappen has already secured the drivers' title for a second straight season. "For a fellow competitor to be accusing you of cheating, to accuse you of fraudulent activity, is shocking. It’s absolutely shocking that another competitor, without the facts, without any knowledge of the details, can be making that kind of accusation. Both Vettel and Verstappen owe a large part of their career to Red Bull, which for two decades has had a young driver program, funneling potential talents through junior categories and into Formula 1 with Toro Rosso, which in 2020 was renamed AlphaTauri." Visionary entrepreneur Mateschitz bought the Ford-owned Jaguar team at the end of 2004 and turned it into Red Bull Racing, an outfit whose maverick image masked a fierce competitive spirit." Horner went on say that media reports accusing Red Bull of benefiting from the overspend are also way out of line. McLaren’s Zak Brown and Red Bull’s Christian Horner address the media in Austin on Saturday. Mateschitz also invested heavily in his native Austria, buying the A1 Ring circuit that had fallen into disrepair, and renovating it under the Red Bull brand. Getty Images Getty Images "We've been on trial because of public accusations since Singapore," Horner said. The arrival of Adrian Newey, one of the sport's greatest designers who had penned title-winning cars for Williams and McLaren, turbocharged Red Bull's progress and Germany's Sebastian Vettel won four titles in a row from 2010-13. With the growing success of Red Bull, he significantly expanded his investments in sports. "And the rhetoric of cheats, the rhetoric of … that we've had this enormous benefit, that the numbers have been put out in the media that are miles out of reality, and the damage that does to the brand, to our partners, to our drivers, to our workforce, in an age where mental health is prevalent, we're seeing significant issues now, within our workforce. Dietrich Mateschitz, left, played a key role in Sebastian Vettel’s four F1 championships for Red Bull. "We’re getting kids that are being bullied in playgrounds that are employees' children. That is not right, through fictitious allegations from other teams. “He was a remarkable man, what he’s done for so many, not just in Formula 1 but in the Red Bull business and the Red Bull world across all the sporting platforms. "He was an incredible visionary entrepreneur and a man who helped to transform our sport and created the Red Bull brand that is known all around the world. And you cannot go around just making that kind of allegation without any fact, or substance. So, we absolutely are appalled at the behavior of some of our competitors. He is the reason that we are here, it was his passion for Formula 1 and his vision that is the reason he has two teams in the Formula 1 pit lane. The Red Bull Racing team has enjoyed success in Formula 1, winning the constructors' championship in 2010, 2011, 2012 and 2013, while German driver Sebastian Vettel won four drivers' championships in row while signed to the team. " Horner said that the penalty phase of the breach is ongoing, though the team principal declined to say if a possible resolution has been offered by the FIA to the Red Bull team. Horner expects the final report and penalty to come with full transparency. “So many owe him so much and I feel privileged to have known him and I think for the whole team now, despite the shock, we are going to do exactly what he would have wanted, which is to go out there and with his cars do the very best that we can and to try and close the constructors’ championship down. Related Stories .