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.
Jul 24, 2014, 6:09 PM EDT
On Thursday’s edition of NASCAR AMERICA, Jeff Burton joined the crew to discuss what makes racing in the Brickyard 400 unique. Burton says NASCAR is a guest at the Indianapolis Motor Speedway due to the history IndyCar has made at the track.
Jul 24, 2014, 6:04 PM EDT
On Thursday’s edition of NASCAR AMERICA and in preparation for this week’s Brickyard 400, Leigh Diffey talked with 2006 Indianapolis 500 winner Sam Hornish Jr. on what it was like to win the third closest finish in race history. Hornish also discussed some of the keys that drivers will need to succeed at the Brickyard 400.
Jul 24, 2014, 5:52 PM EDT
After two years of huge success with the NASCAR Camping World Truck Series racing at his Eldora Speedway, Tony Stewart would love to eventually see the Nationwide and Sprint Cup series come to his little half-mile track, as well.
Jul 24, 2014, 5:30 PM EDT
On Thursday’s NASCAR AMERICA, Leigh Diffey is the in-studio host and is joined by Sam Hornish Jr. (2006 Indy 500 winner and current Nationwide Series driver and winner of the 2014 Iowa Nationwide race).
Jul 24, 2014, 4:00 PM EDT
Indy Racing Experience has partnered with Make-A-Wish® Ohio, Kentucky and Indiana to enhance two wishes during the Kroger Brickyard Super Weekend that takes place at the Indianapolis Motor Speedway July 24-27, 2014.
Jul 24, 2014, 3:00 PM EDT
Ryan Hunter-Reay earns another award after his Indianapolis 500 win.
Jul 24, 2014, 2:00 PM EDT
Pirelli World Challenge President/CEO Scott Bove and 15-year-old rising star Austin Cindric to race a GTS Ford Mustang Boss for charity at Mid-Ohio weekend.
Jul 24, 2014, 1:30 PM EDT
Sauber driver pleased with his pace in Germany, and cares little for the question marks about his future.
Jul 24, 2014, 1:00 PM EDT
Italian tire supplier confirms its selections for the Belgian, Italian and Singapore Grands Prix.
Report: Deal for Marcos Ambrose’ return to Australia to race V8 Supercars for Roger Penske may be close
Jul 24, 2014, 12:54 PM EDT
While it’s seemed Marcos Ambrose was a lock to return to Richard Petty Motorsports, especially with all the positive things he’s said about wanting to stay in recent weeks and months, a report Thursday has Ambrose leaving NASCAR after this season and returning to his native Australia to race V8 Supercars — potentially for a new team owned by iconic American race team owner Roger Penske.
Jul 24, 2014, 12:30 PM EDT
Ferrari driver has few qualms about Kimi’s difficulties in 2014.
Jul 24, 2014, 12:03 PM EDT
Former Brickyard 400 winner Bobby Labonte will be returning to race at the fabled Indianapolis Motor Speedway in this Sunday’s 21st running of the Brickyard.
Jul 24, 2014, 12:00 PM EDT
Our writing team makes its predictions for this weekend’s race at the Hungaroring.
Jul 24, 2014, 11:35 AM EDT
American youngster joins Marussia as its official reserve driver with immediate effect.
Jul 24, 2014, 11:00 AM EDT
Brazilian driver compares it to incident at the beginning of the Australian Grand Prix with Kamui Kobayashi.
Jul 24, 2014, 10:00 AM EDT
Formula 1 will return to the Autodromo Hermanos Rodriguez next year for the first time since 1992.
Jul 24, 2014, 9:00 AM EDT
One final chapter to the first half of the 2014 F1 season at the Hungaroring this weekend, a track that has suited Lewis Hamilton very well over the years.
Jul 24, 2014, 8:30 AM EDT
Six teams, 17 cars set to test at Mid-Ohio ahead of IndyCar race there next week.
Jul 23, 2014, 10:46 PM EDT
Darrell “Bubba” Wallace Jr. and Kyle Larson put on a spectacular battle in the final 40-lap segment of Wednesday’s second MudSummer Classic at Eldora Speedway, but it was Wallace holding on for the win.
- Report: Deal for Marcos Ambrose’ return to Australia to race V8 Supercars for Roger Penske may be close 5
- MotorSportsTalk’s Predictions: Hungarian GP 0
- Alexander Rossi joins Marussia as reserve driver 2
- 2014 Hungarian Grand Prix Preview 3
- Bubba Wallace dominates to win MudSummer Classic at Eldora (updated) 3