Red Bull owner Mateschitz delivers fresh F1 quit threat

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Red Bull owner Dietrich Mateschitz says he will pull both his teams out of Formula 1 if they can’t compete for wins with a competitive engine package.

Materschitz’s comments come just weeks after Red Bull motorsport advisor Helmut Marko admitted the drinks company could quit the sport should it persist with the current technical regulations.

Red Bull Racing won eight titles between 2010 and 2013, but won just three times last year, and has struggled during the opening two rounds of this season.

“We will only stay in Formula 1 if we have a competitive team, and we need a competitive power unit for that,” the Red Bull boss told Austria Press Agency ahead of this weekend’s Chinese Grand Prix.

“If we don’t have one, we can race with the best car and the best drivers and still have no chance of competing for victory.

“We are not a car manufacturer who could justify the investment. So we rely on Renault to close the gap to Ferrari and, above all, Mercedes.

“If the cost-benefit calculation isn’t right anymore, it’s not to say that we’ll continue forever.”

Mateschitz also piled the pressure on estranged engine partner Renault, who have taken the brunt of the blame for Red Bull’s rough start to the season.

“Of course Renault can also weigh its options, including a pull-out,” he added. “As a manufacturer, it’s your task to deliver a competitive power unit.

“If you can do that, it’s great. If, for whatever reason, you can’t do that, you should pull out. Then the consequences for us would be clear, too.”

Image courtesy of Red Bull Content Pool

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