Formula One
27 November 2009

Formula One news

Red Bull could dump F1 principal

07 January 2005

Mateschitz (left) and Purnell
Mateschitz (left) and Purnell

Tony Purnell may be dropped as Red Bull Racing's F1 team principal, it is reported. F3000 team owner Christian Horner, who had been negotiating with Jordan about a F1 buyout, will be elevated to the former Jaguar man's position with an announcement expected soon, the British media speculated.

Reports say a Chinese investor is looking to buy a slice of Dietrich Mateschitz's new F1 squad, but is insisting on an upper management reshuffle.

Managing director David Pitchforth may also leave the team, we have learned. Purnell, though, said the Red Bull billionaire told him that both he and Pitchforth were staying put. "Mateschitz's reputation is that he is a man of his word," Purnell told Autosport.


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