Mateschitz rules out Red Bull engine project


No Red Bull engine according to uber-boss

Red Bull billionaire boss Dietrich Mateschitz has put a line through reports claiming that Red Bull are commencing a project to build their own Formula 1 engine.

“It’s not even worth denying these reports,” Mateschitz told Salzburger Nachrichten newspaper.

Actually, a clear denial might have been necessary, given the fact that his deputy 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.”

“Just because of Formula 1, we are not becoming a car manufacturer,” Mateschitz insisted.

More likely, it seems, is that the ‘Red Bull engine’ report was a way to ramp up the pressure on the team’s existing supplier, struggling Renault. Mateschitz says that Red Bull’s competitive problems in 2014 are all about the French-made V6 turbo.

“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. The engine development must now be given priority.”

Gerhard Berger, known to be close to Mateschitz and once the co-owner of Red Bull’s second team Toro Rosso, agrees that Renault need to think again about the fundamentals of their Formula 1 foray.

“Renault must look at Formula 1 not with a business model and a strict cost-benefit analysis, but as a tool for [their] image,” he said. (GMM)


Content on by: staff & contributors, Reuters syndication, GMM service, Getty Images, Formula 1 teams, sponsors & organisations.