Horner denies Red Bull broke budget

(L to R): Christian Horner (GBR) Red Bull Racing Team Principal with Sebastian Vettel (GER) Red Bull Racing and Mark Webber (AUS) Red Bull Racing.

Christian Horner, Sebastian Vettel and Mark Webber in Singapore

Sep.23 (PVM) In the wake of reports this week that an independent audit by Dutch company Capgemini had found “discrepancies” in relation to Red Bull Racing’s Formula 1 budget in the context of last year’s resource restriction agreement, team boss Christian Horner has fervently denied the claims.

Horner said of the claims, “It is false, absolutely false. We agreed the scope, we worked within the scope. Job done. We’ve worked within the RRA, within the regulations that exist. It saved us money, saved the teams money.”

“Unfortunately the consequence of success is people will throw stones,” declared Horner, whose Red Bull team and driver Sebastian Vettel are on the verge of securing back-to-back world titles.

But Horner admits that the Capgemini audit has highlighted issues that need to be addressed and concedes that the RRA is a worthy cause, “It still needs to be dealt with going forward. There are some fundamental issues that need dealing within it, but overall we feel it’s a good thing.”