Formula One
29 November 2009

Formula One news

Red Bull says teams safe

Red Bull says teams safe

09 December 2008

Amid Honda's F1 demise, attention has turned to teams that are not backed by a car manufacturer an whether they are in a position to weather the financial storm. Red Bull is the latest team to publicly confirm its commitment to F1.

"Both our teams are safe right now, but Red Bull Racing could save 30 per cent of its budget," Helmut Marko, Red Bull motorsport advisor told Autosport. "

Red Bull recently bought out Gerhard Berger's share in the Toro Rosso outfit so now owns 100 per cent of both Red Bull Racing and Scuderia Toro Rosso.


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