Red Bull Racing seeks a way to balance the books with F1’s era of budget caps, allowing Adrian Newey to focus ‘fully’ on Red Bull’s RB17 hypercar and exempting high earners from pay It is reported that one of them will be “liberated”. F1 introduced a budget cap in 2021, limiting teams to just $145 million that year. However, there was a caveat.
The proviso to this provision exempts not only the driver’s salary, but also the salaries of each team’s top three players. This is usually the team principal, technical director and one other person. Could Adrian Newey be shuffled into a role outside F1? When it was revealed in 2022 that Red Bull would be over the cap for the 2021 season, it was suggested – and denied – that Adrian Newey’s salary was part of the problem. According to reports, Red Bull has removed Newey, its chief technical officer, from the bill by making him a contract employee. However, according to Auto Motor und Sport, the FIA (Fédération Internationale de l’Automobile) did not agree to this. In the end, it was discovered that Red Bull Racing was in breach of financial regulations by 1.6% over unclaimed tax refunds and other minor issues. But Newey and his salary appear to be causing Red Bull’s headaches again ahead of the 2024 F1 season, when the budget cap has been lowered to $135 million. Auto Motor und Sport claim Newey could be offered a non-F1 role at Red Bull Racing. It appears that Newey plans to concentrate on the RB17 hypercar project in the medium term, relegating one of its three high-paying positions to another,” the German publisher reports. “The star designer is currently still working part-time for the F1 team, but that looks set to change. Newey could soon be fully focused on the RB17. It’s also because we’re looking closely at whether there are technical synergies between the going sports cars.”Last year, teams were able to limit their budgets by using solutions discovered in F1’s road car programs. Suspicions of evasion arose, and the FIA cracked down on it. The focus was on Red Bull and the RB17 hypercar, which is said to include a very complex floor. Red Bull’s motorsport advisor Helmut Marko countered: “Our competitors are saying that the underbody of the RB17 provides the insight of an F1 car, which is clearly complete nonsense.” The RB17 is Red Bull’s first fully produced hypercar and carries a cool price tag of $6.2 million. Having Newey join the hypercar project full-time means Red Bull can add another person to the exception list. At a time when Red Bull is losing important personnel to other teams, such as Rob Marshall leaving for McLaren, this will give them room to retain Pierre Washet, who is said to be a target for Ferrari.
2024-02-04 03:14:33
#Adrian #Neweys #future #Red #Bull #question #due #budget #capF1Gate.com
