Dec 1, 2013, 12:00 PM EST
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.
Nov 21, 2014, 7:00 PM EST
Kevin Harvick and his No. 4 Stewart-Haas Racing team had to go through a lot in 2014 to win the Sprint Cup title. NASCAR AMERICA’s Rick Allen and Kyle Petty discuss.
Nov 21, 2014, 6:00 PM EST
Kevin Harvick’s four-tire call late at Homestead proved to be the difference in his title-clinching victory last weekend. NASCAR AMERICA discuss how pit strategy made an impact.
Nov 21, 2014, 4:48 PM EST
His Athenian Motorsports team will switch to Chevrolet and get Hendrick engines for its dual programs.
Nov 21, 2014, 4:15 PM EST
A quick primer on F1′s pit stops.
Nov 21, 2014, 4:01 PM EST
This is Fast & Furious stuff.
Nov 21, 2014, 3:30 PM EST
Marcos Ambrose’ V8 Supercars ride revealed.
Nov 21, 2014, 3:00 PM EST
You say you need a NASCAR fix? Well, don’t worry, Friday is the final installment of our NASCAR America – Scan All 43 episodes, entitled “NASCAR America: Scan All 43 – Championship Edition.”
Nov 21, 2014, 2:30 PM EST
Lewis Hamilton sent out a statement of intent during practice for the Abu Dhabi Grand Prix today, beating Nico Rosberg in both practice sessions.
Nov 21, 2014, 2:15 PM EST
Replacing Tom Kristensen will be no easy task at Audi.
Nov 21, 2014, 1:45 PM EST
Electrical failure in FP2 robs the Spaniard of some much-needed track time after sunset in Abu Dhabi.
Nov 21, 2014, 1:15 PM EST
Hamilton and Rosberg leaving nothing in reserve as they fight for the F1 drivers’ championship in Abu Dhabi this weekend.
Nov 21, 2014, 1:00 PM EST
The six-time champ says a title victory for Ryan Newman last weekend at Homestead “would have been tough to swallow for the sport.”
Nov 21, 2014, 12:45 PM EST
Emerson Fittipaldi to a race a Ferrari F458 Italia in Brazil next week, plus two PWC notes.
Nov 21, 2014, 12:30 PM EST
McLaren junior driver becomes the first in GP2 history to score four poles in a row.
Nov 21, 2014, 12:00 PM EST
Part two of the championship profiles sees us take a look at Nico Rosberg’s rise through Formula 1 and to within reach of the world championship. Can he follow in his father’s footsteps and win the title?
Nov 21, 2014, 11:30 AM EST
Red Bull junior driver picks up the championship in Abu Dhabi, and is now targeting a move up to F1 in 2015.
Nov 21, 2014, 11:00 AM EST
In the first half of our articles profiling the championship contenders, we take a look at the leader, Lewis Hamilton, ahead of Sunday’s showdown in Abu Dhabi.
Nov 21, 2014, 10:00 AM EST
Stewards in Abu Dhabi penalize the Frenchman after changes are made to his engine on Friday.
Nov 21, 2014, 9:45 AM EST
A great read from Milwaukee Journal-Sentinel on Jimmy Fennig as he prepares for semi-retirement.
Video from NASCAR America
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