Red Bull boss Horner expects F1 to bail out smaller teams

Red Bull team principal Christian Horner expects Formula One owners Liberty Media to provide assistance to financially stricken teams if needed during the coronavirus crisis. Photo: EPA/Yoan Valat

Red Bull team principal Christian Horner expects Formula One owners Liberty Media to provide assistance to financially stricken teams if needed during the coronavirus crisis. Photo: EPA/Yoan Valat

Published Apr 19, 2020

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BERLIN - Red Bull team principal Christian Horner expects

Formula One owners Liberty Media to provide assistance to financially

stricken teams if needed during the coronavirus crisis.

"It is their business, they have to decide how do they keep these

teams alive because they need teams to go racing," Britain's Guardian

newspaper quoted him as saying on Sunday.

"In order to protect their own business I believe they would help to

facilitate, which means paying, to ensure that those teams would be

around to compete next year."

F1 has postponed or cancelled the first nine races of the season due

to the global pandemic. It remains uncertain if, how or when racing

can start this year; many teams have put staff on furlough or imposed

pay cuts.

Team chiefs and F1 bosses are currently discussing cutting the budget

cap for 2021 but, alongside Ferrari, Red Bull are resisting the move.

The cap is a discussion about competitiveness, not about money," he

said. "It's about trying to bring the top teams down to a level where

the midfield teams feel they can compete.

"The reality is that whatever the level of spend there will always be

teams that run at the front and teams that run at the back."

Horner suggests an alternative plan would be allowing teams to buy

full customer cars - as was permitted many years ago - to save

research and development costs.

"We need to think out of the box rather than just going round and

round, beating ourselves up about numbers," he said.

"If this is all about saving the little teams and improving their

competitiveness, it would be a very difficult to argue against the

logic of a small team being able to take a customer car."

dpa

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