Horner 'comfortable' with Red Bull's spending

Oct.27 (GMM) Christian Horner insists he is "very comfortable" with Red Bull's stance regarding costs in Formula One.

It is believed the energy drink-owned team, the reigning back-to-back world champions and the favourite to win again with Sebastian Vettel in 2012, is the sport's biggest spender.

Dietrich Mateschitz, Owner of Red Bull
Dietrich Mateschitz, Owner of Red Bull

Photo by: xpb.cc

"Red Bull spends about 250 million per season," Williams' Toto Wolff is quoted by El Confidencial.

He said the Dietrich Mateschitz-owned team is refusing to accept the Resource Restriction Agreement (RRA); a gentleman's pact aimed at cutting costs in several areas.

"If he accepted the RRA, Mr Mateschitz would save a hundred million euros," Wolff said. "Though without their unlimited spending model they would not have the same advantage."

Red Bull team boss Horner, however, insisted: "I feel very comfortable with our position.

"We have been very consistent regarding resource constraints, and if that disturbs others, then that's their problem, not ours," he insisted.

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About this article
Series Formula 1
Drivers Sebastian Vettel , Toto Wolff
Teams Williams
Article type Rumor
Tags horner, mateschitz, red bull, vettel, wolff