Red Bull

[westwood]

[18/07/05 - 17:34]

Red Bull Racing commit to Formula One to 2012
Joining Ferrari in F1 with new deal with FOA



Photo F1-Live.com
Red Bull confirm its future Formula One plans
Red Bull Racing has joined Ferrari in committing to Formula One beyond the end of the current Concorde agreement which expires at the end of 2007. Ferrari was the first team to announce a new deal with Formula One Administration in January.

The Milton-Keynes based team confirmed today ‘that it has reached an understanding with FOA to prolong the current Concorde Agreement from 2008 until 2012.’

With Red Bull Racing joining Ferrari and continuing Formula One as we know it, the manufacturer backed teams are planning their own break-away series for the 2008 season as they seek greater transparency than they believe they have with the current regime and also seek a greater slice of revenues.

Red Bull announced at the San Marino Grand Prix that they will use Ferrari engines in 2006 and are also expected to make the move over from Michelin tyres to Bridgestone at the end of the season.

Earl ALEXANDER
© CAPSIS International


obviously this wont have any effect on the manufacturer based teams. but regardless, interesting news.

 

[Lee]

Thats good to hear, i like Red Bull they bring a certain 'extreme' side to F1 that was missing for some years, all the best to them, not sure bout the bridgestones though... (i believe they will still only tend to Ferrari the way they should to all their customers) And with DC secured for next year, Red Bull are starting to look like a competitive outfit

 

[Blake]

So Red Bull are the first to break ranks and sign, interesting. I'm not so sure whether it was a good move, however; Red Bull have been isolating themselves from the Michelin teams as of late and they seem to be making very independent political decisions - at least if you believe, as they claim, that the decision was made independnt of Ferrari.

Blake