Red Bull Ring unlikely to host F1 soon

Dietrich Mateschitz (AUT) CEO and Founder of Red Bull. Formula One World Championship, Rd 11, Hungarian Grand Prix, Qualifying Day, Budapest, Hungary, Saturday 4 August 2007.  BEST IMAGE

Dietrich Mateschitz

May 12 (GMM) Austrian billionaire Dietrich Mateschitz has repeated his recent claim that Formula 1′s return to his homeland in the near future is a “more than minor” chance.

The Red Bull mogul was speaking as the former Grand Prix venue at Zeltweg, previously called A1-Ring but now renamed the Red Bull Ring, is ready to re-open.

Mateschitz has rebuilt the facility which had been demolished following its last Formula 1 event in 2003, at a huge cost.

It has obtained Formula 1 homologation status, moving the likes of Michael Schumacher and Sebastian Vettel to admit they would like to see the Red Bull Ring added to the Grand Prix calendar.

Bernie Ecclestone said in Turkey that a return to Austria is “possible”.

But Mateschitz told Kleine Zeitung: “If you look at the new Formula 1 circuits, the ones that came recently and the ones that are coming, one has to say the probability of formula one returning to Spielberg is more than minor.”

Triple world champion and Niki Lauda agrees that the chances are small, but he said: “There are several obstacles to overcome, but, firstly, no one knows what Mr Mateschitz is planning.”