F1 Fansite

F1 News

Mateschitz rules out 'Red Bull F1 engine'

Posted on by
Dietrich Mateschitz
Dietrich Mateschitz
Daniel Ricciardo's first win

Daniel Ricciardo's first win 2014 Canadian GP

Dietrich Mateschitz has put a line through rumours Red Bull is commencing a project to build its own F1 engine.

"It's not even worth denying these rumours," the Austrian billionaire told Salzburger Nachrichten newspaper.

Actually, a clear denial might have been necessary, given the fact his deputy Dr Helmut Marko stirred up the speculation in Austria, even naming local companies like Pankl and AVL who could play major roles in the V6 project.

"AVL is not a topic," Mateschitz is quoted by the APA news agency.

"They have a very specific know-how in the area, but to put together a team of experts to design an engine is much more complex," he explained.

"Just because of formula one, we are not becoming a car manufacturer," Mateschitz insisted.

More likely, it seems, is that the 'Red Bull engine' rumour was a way to ramp up the pressure on the team's existing supplier, struggling Renault.

Mateschitz says Red Bull's competitive problem in 2014 is all about the French-made V6.

"Our problems are beyond our control," he said.

"We have won the world championship with Renault for the past four years and so we are loyal to our engine partner. But the situation is serious," he added.

"The engine development must now be given priority."

Gerhard Berger, famously close to Mateschitz and once the co-owner of Red Bull's second team Toro Rosso, agrees that Renault needs to think again about the fundamentals of its F1 foray.

"Renault must look at formula one not with a business model and a strict cost-benefit analysis, but as a tool for its image," he said.

Book discounted tickets and reservate your hotel room in our F1 Tickets Shop.

Please share this article & subscribe to our FREE weekly F1 Newsletter

PinIt

Latest F1 News posts:

See older posts in our F1 News Archive »

Stay Updated by F1-Fansite!

Buy F1 MerchandiseBuy F1 Merchandise of your favourite driver or team.

Early Booking Discounts on F1 Tickets

Buy F1 tickets cheaper at F1-Fansite.com 2015 Formula 1 Season Early Booking Discounts are:
F1 Grand Prix
Discount

Book F1 Tickets Singapore F1 GP Singapore 15 Available
Book Now
Book F1 Tickets Italian F1 GP Italy '15 Available Book Now
Book F1 Tickets Hungarian F1 GP Hungary '15' Available Book Now
Book F1 Tickets Belgium F1 GP Belgium '15 Available Book Now
Book F1 Tickets Russian F1 GP Russia'15 Available Book Now
Book F1 Tickets Australia F1 GP Australia '16 Available
Book Now
Book F1 Tickets Spainish F1 GP Spain '16 20% discount Book Now
Book F1 Tickets Monaco F1 GP Monaco '16 Available Book Now
Book F1 Tickets Canada F1 GP Canada '16 Available Book Now

Polls

Do we need the German GP back on the calendar?

View Results

Loading ... Loading ...