SM
Wednesday, December 25
Upcoming predictions and previews
Collect News Data

F1 team to keep 'independence' under new CEO

:Headline: F1 team to keep 'independence' under new CEO:
Red Bull Racing will continue to enjoy "independence" under new management in the wake of the energy drink company's founder Dietrich Mateschitz.
Sports Mole

Red Bull Racing will continue to enjoy "independence" under new management in the wake of the energy drink company's founder Dietrich Mateschitz.

The successful Formula 1 team was the late Mateschitz's brainchild, but it has now passed into the hands of his 29-year-old son Mark.

It emerges that the CEO role will be split into three, with the chief executive of the German football club Red Bull Leipzig now set to be in charge of Red Bull's sports activities - including the two F1 teams.

Dr Helmut Marko, who was the closest contact between Mateschitz and the premier F1 team, said Red Bull Racing is "the strongest and most efficient marketing tool in the entire group".

"We have worked very independently in the past," he is quoted by motorsport-magazin.com.

"It has already come out that the new management wants to continue the Formula 1 activities with a relatively strong independence."

Red Bull had explored entering into a works engine collaboration with Porsche for 2026 and beyond, but those talks broke down over the VW brand's desire for 50 percent influence.

Alternative talks to current technical partner Honda are now taking place.

"Negotiations are underway," Marko told Auto Motor und Sport. "But Honda is not our only option. We have learned our lessons from the Porsche negotiation.

"It will certainly not be a 50-50 solution."

He said he isn't sure if Honda is receptive to sharing the technical responsibilities between the Japanese carmaker and Red Bull's own 'Red Bull Powertrains' subsidiary.

"That's the beauty of the Japanese," the 79-year-old smiled. "You sit together. They nod politely. But nothing is said.

"In the end, if they hadn't left, we could have saved the whole investment," Marko added, referring to Red Bull's preparations to be able to go it alone from 2026. body check tags ::

amp_article__499077 : Collect and Make Data not in DataBase  : 
last updated article - 2022-11-07 08:12:44:
html db last update - 2022-11-07 08:12:44 :

ex - 7200 : read : write cache and make html

Click here for more stories about Dietrich Mateschitz

Click here for more stories about Red Bull

Share this article now:
AN
Read Next:
Adrian Newey's wife slams 'toxic' F1 journalist
>


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!
Read more about Dietrich Mateschitz Helmut Marko Formula 1
Follow @SportsMole for the latest breaking news stories, and follow @sm_headlines to get every headline from Sports Mole
Recommended Next on SM
Adrian Newey's wife slams 'toxic' F1 journalist
Greatest Barcelona players of all time

Page options

Premier League Table
TeamPWDLFAGDPTS
1Liverpool16123137162139
2Chelsea17105237191835
3Arsenal1796234161833
4Nottingham ForestNott'm Forest179442319431
5Bournemouth178452721628
6Aston Villa178452626028
7Manchester CityMan City178362925427
8Newcastle UnitedNewcastle177552721626
9Fulham176742422225
10Brighton & Hove AlbionBrighton176742726125
11Tottenham HotspurSpurs1772839251423
12Brentford177283232023
13Manchester UnitedMan Utd176472122-122
14West Ham UnitedWest Ham175572230-820
15Everton163761421-716
16Crystal Palace173771826-816
17Leicester CityLeicester173592137-1614
18Wolverhampton WanderersWolves1733112740-1312
19Ipswich TownIpswich172691632-1612
20Southampton1713131136-256
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.

history www

Greatest Barcelona players of all time

1

GB

Aston Villa to allow Buendia to move to Championship club?

2

AV

Team News: Chelsea vs. Fulham injury, suspension list, predicted XIs

3

TN

Team News: Bournemouth vs. Crystal Palace injury, suspension list, predicted XIs

4

TN

Team News: Man City vs. Everton injury, suspension list, predicted XIs

5

TN

Preview: Arsenal vs. Ipswich - prediction, team news, lineups

6

PA

Saka replacement decided: Predicted Arsenal XI against Ipswich

7

SR

Preview: Wolves vs. Man Utd - prediction, team news, lineups

8

PW

Charlton, Rooney, Ronaldo: Greatest Man United players of all time

9

CR

Could Madueke return to the fold? Chelsea predicted lineup vs. Fulham

10

CM


. . . . . . . . . . . . . . . .