Formula One news
Red Bull could dump F1 principal
07 January 2005 |
| 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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