Dec 1, 2013, 12:00 PM EDT
Red Bull team principal Christian Horner has explained how the cost of participating in Formula One is set to significantly increase next season due to the new regulations that have not been introduced with finances in mind.
Next year, V8 engines will be replaced by turbocharged V6 power units, and with the re-introduction of in-season testing, costs are set to rise. Speaking to ESPN F1, Horner expressed his dismay at the situation.
“The costs are going to significantly increase,” he explained. “The engines are far more expensive, and to operate that engine… Just the radiator bill alone next year compared to this year is looking like it’s going to be double.
“Then of course we’ve added four in-season tests, so the teams have only got themselves to blame because each of the regulations that have been introduced next year will have a dramatic impact on costs.”
Horner explained that Red Bull has had to search for some new sponsors and partners to help ease the costs, but he acknowledged that the other teams may not enjoy such a luxury.
“The impact of next year’s costs for us could range anywhere between €25 million and €40 million. We have to go out and find that because Red Bull won’t fill that deficit and that’s why we have a lot more partners on the car.
“Thankfully we’ve been successful and we’ve managed to attract good partners and good prize revenues, but if you’re further down the grid it must be impossible to counter the increase in costs versus generating income.”
Red Bull will go in search of a fifth straight drivers and constructors’ championship in 2014 as Daniel Ricciardo joins the team as Sebastian Vettel’s teammate.
Oct 19, 2014, 9:00 PM EDT
The Captain doesn’t mind some emotion and edge from his veteran driver.
Oct 19, 2014, 8:19 PM EDT
If you’re a hardcore NASCAR fan, even if your favorite driver has been eliminated for the remainder of the Chase for the Sprint Cup, you’re probably asking a very poignant question: Now what?
Oct 19, 2014, 7:43 PM EDT
Newman finished fifth in today’s race at Talladega and entered the Eliminator Round of the Chase with a 27-point cushion over the cutoff.
Oct 19, 2014, 7:00 PM EDT
While they’re still missing a checkered flag, Newman and Kenseth are doing what they have to do.
Oct 19, 2014, 6:33 PM EDT
Hendrick Motorsports began Sunday at Talladega with four teams still in the Chase for the Sprint Cup. But its race day ended with three of those four eliminated from advancing to the next round, and veteran Jeff Gordon left as the lone HMS to move on.
Oct 19, 2014, 6:01 PM EDT
Defending Sprint Cup champ Jimmie Johnson, teammates Dale Earnhardt Jr. and Kasey Kahne, and Kyle Busch were all eliminated from advancing in the Chase Sunday at Talladega.
Oct 19, 2014, 5:46 PM EDT
One week after being part of the post-race controversy in Charlotte, Keselowski gets the victory he needed to keep his season going.
Oct 19, 2014, 5:35 PM EDT
Dale Earnhardt Jr.’s dream of his first Sprint Cup championship this season ended in a nightmare two laps from the end of Sunday’s Geico 500 at Talladega Superspeedway.
Oct 19, 2014, 4:47 PM EDT
Busch had been up 26 points over the Chase cutoff going into today’s race.
Oct 19, 2014, 3:55 PM EDT
Dale Earnhardt Jr. and Jimmie Johnson – in must-win situations – have been among the top performers in Sunday’s Geico 500 at Talladega Superspeedway.
Oct 19, 2014, 3:27 PM EDT
Keselowski one of several drivers needing a win today at Talladega.
Oct 19, 2014, 2:59 PM EDT
When it comes to the NHRA, there’s only one Pomona. And now there’s a new book to commemorate the upcoming 50th anniversary of the season-ending NHRA World Finals.
Surprising revelation: Dale Jr. admits he coasted earlier in his career — ‘I just rested on my legacy and last name’
Oct 19, 2014, 2:22 PM EDT
In one of the most candid interviews of his career, Dale Earnhardt Jr. admitted that he hasn’t always been as determined and focused on success as he is now.
Oct 19, 2014, 2:00 PM EDT
The motorsport world continues to send its support to Bianchi and his family two weeks on from his accident in Japan.
Oct 19, 2014, 1:12 PM EDT
One day after it was revealed that Richard Petty Motorsports will have to find a new base for its racing operations, the legendary Hall of Famer’s teams are going home in a sense.
Oct 19, 2014, 12:15 PM EDT
Junior: “We’re going to go out there and try to accomplish that goal and give it all we’ve got.”
Oct 19, 2014, 12:00 PM EDT
Esteban Ocon champion as the FIA F3 European Championship season comes to an end at Hockenheim in Germany.
Oct 19, 2014, 11:00 AM EDT
Former F1 driver will consider his options for 2015 over the winter.
Oct 19, 2014, 10:00 AM EDT
They named him “Baby Schumi” back in 2008, and the moniker is becoming all the more relevant as he prepares for life with Ferrari in 2015.
Video from NASCAR America
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