Red Bull spent over $300 million in quest for 2011 F1 world title
24 October, 2012
Oct.24 (GMM) Red Bull has the standout budget among Formula One’s UK-based teams and spent over $ 300 million to succesfully defend their 2010 title last year, according to a report in Auto Motor und Sport.
Citing British companies data, the magazine said that Red Bull Technology – the Red Bull Racing parent – had a budget of € 245 million ($ 316 million) in 2011 as Sebastian Vettel sped to his back-to-back drivers’ world championship.
AM&S said that Red Bull’s budget last year was € 42 million higher than in 2010.
Brackley based Mercedes, meanwhile, reportedly spent just
€ 145 million in 2011 – a full € 100 million less than Red Bull.
Lotus’ 2011 budget was a reported
€ 155m, compared to Williams’ € 111m.
McLaren’s figures are pending.
But the news about Red Bull coincides with a fresh wave of speculation in the paddock about the energy drink-owned team’s defiance in the face of the team-governed Resource Restriction Agreement (RRA).
McLaren’s Martin Whitmarsh, however, fell short of accusing Red Bull of cheating.
“If they are ahead of us, it’s because they’ve done the better job,” he said.
Subbed by AJN.