Helmut Marko has ruled out the option of Red Bull opting to sell its Formula 1 sister team.
While Red Bull Racing has won six constructors’ titles, the good fortune of the energy drink company’s other F1 team has been more modest. Since Red Bull bought the team and renamed it Toro Rosso for the 2006 season, the team has won two races and five more podiums.
And that time it underwent two complete name changes. The first, aimed at Scuderia AlphaTauri in 2020, aimed to promote the company’s clothing line of the same call, but was not an advertising success. For this season, the naming rights have been sold to two major U. S. companies.
But even though the Visa Cash App RB F1 team has had a decent start to the campaign, thanks to Yuki Tsunoda’s seven problems in 4 races, they are still far from being a powerhouse on the grid. And there may come a time when Red Bull shareholders, who have already even considered a sale, will want the sale to no longer value the investment.
Red Bull advisor Marko did not rule out the possibility that the team could be sold if a suitable offer is received. “There are a lot of stakeholders, but at the end of the day it’s a shareholder decision. The value is maximum for a team, but nothing has been achieved yet,” he told OE24.
The possible availability of an existing F1 team may put Michael Andretti on alert. The American is in the process of building his own new team and last year won approval from the FIA to do so, F1’s publicity rights owners refusing to allow an eleventh team. enroll in 2025 as Andretti had planned.
Instead, the box has been delayed until at least 2028 and, with no guarantee that its allocation will be allowed in F1 even then, Andretti will have the option to buy an existing team rather than form one with the American automaker. General Motors through its Cadillac brand.
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Despite the rejection, Andretti-Cadillac has pledged to continue with its F1 project. “Andretti-Cadillac has reviewed the data shared through Formula One Management Limited and disagrees with its contents,” a representative for the organization said.
“Andretti and Cadillac are two successful global organizations in motorsport and we decided to position a true American factory team in F1, competing alongside the best in the world.
“We are proud of the significant progress we have already made in creating a highly competitive car and powertrain with an experienced team, and our paint continues at a steady pace. Andretti-Cadillac would also like to recognize and thank the enthusiasts who have expressed their support. “
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