Currency Converter

Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).

From:
To:
 

SBD Global/June 18, 2014/Franchises

Red Bull 'Committed To Formula One For Long Term' Despite Newey's Breakaway Plan

Red Bull said it is committed to F1 for the "long term," despite Designer Adrian Newey's plan "to step back from running the team's design office," according to Andrew Benson of the BBC. Newey, regarded as the best designer in F1, is to move into an "advisory and mentoring" role from '15. Red Bull Owner Dietrich Mateschitz's "right-hand man" Helmut Marko said, "We will do whatever is necessary." Marko: "The team was built around Adrian but we have a group of really good people and are prepared for the challenge." Marko admitted re-organizing the team following Newey's move "won't be easy," but added, "That's why we are here." Marko said that the Austrian Grand Prix's return "was the culmination of years of planning by Red Bull and Mateschitz." The race takes place on the Red Bull Ring, which, as the A1-Ring, hosted the Austrian Grand Prix. Marko said that the renovation of the circuit, which is not far from Mateschitz's birthplace of Sankt Marein im Murtzal, "was part of a wider financial commitment to the region, which includes supporting local businesses." Mateschitz "bought the track," Marko said, because it "would have died more or less" and added he always had the idea of bringing back F1 to the region (BBC, 6/17).
Return to top

Related Topics:

Franchises

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug