{"id":395814,"date":"2026-04-24T18:24:12","date_gmt":"2026-04-24T18:24:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/395814\/"},"modified":"2026-04-24T18:24:12","modified_gmt":"2026-04-24T18:24:12","slug":"f1-boss-confirms-red-bull-sale-talks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/395814\/","title":{"rendered":"F1 boss confirms Red Bull sale talks"},"content":{"rendered":"<p>According to an F1 boss there were discussions in the latest Concorde Agreement that <a title=\"Red Bull\" href=\"https:\/\/www.gpfans.com\/en\/f1-teams\/red-bull-racing\/news\/\" rel=\"nofollow noopener\" target=\"_blank\">Red Bull<\/a> could be potentially forced to sell off sister team Racing Bulls.&#13;<\/p>\n<p>\nRed Bull purchased the former Minardi squad in 2005, and in 2006, the Faenza-based team was rebranded <a href=\"https:\/\/www.gpfans.com\/en\/f1-teams\/scuderia-alphatauri-honda\/\" rel=\"nofollow noopener\" target=\"_blank\">Toro Rosso<\/a>, later becoming Alpha Tauri, Visa Cash App Racing Bulls and now Racing Bulls. &#13;<\/p>\n<p>\nSince their inception, the second Red Bull team have acted as a sister squad, used as a testing ground for young driver talent, and occasionally to a sporting advantage. &#13;<\/p>\n<p> Article continues under video<\/p>\n<p>\nAt the <a title=\"2024 Singapore Grand Prix, Daniel Ricciardo took the fastest lap point\" href=\"https:\/\/www.gpfans.com\/en\/f1-news\/1030823\/f1-singapore-grand-prix-2024-daniel-ricciardo-lando-norris\/\" rel=\"nofollow noopener\" target=\"_blank\">2024 Singapore Grand Prix, Daniel Ricciardo took the fastest lap point<\/a> from McLaren to help Red Bull driver Max Verstappen in the championship fight &#8211; a tactic that McLaren CEO Zak Brown was not best pleased with. &#13;<\/p>\n<p>\nBrown has been the most vocal opponent against a Red Bull sister team, and with reports suggesting that <a title=\"Mercedes could purchase the 24 per cent stake in Alpine\" href=\"https:\/\/www.gpfans.com\/en\/f1-news\/1079781\/mercedes-buy-alpine-f1-stopped-rivals-fia\/\" rel=\"nofollow noopener\" target=\"_blank\">Mercedes could purchase the 24 per cent stake in Alpine<\/a> (currently owned by Otro Capital), he warned another B-team on the grid would be a mistake. &#13;<\/p>\n<p>\nREAD MORE: <a title=\"F1 Blockbuster Moves: Hamilton&#039;s secret talks with champion to leave team\" href=\"https:\/\/www.gpfans.com\/en\/f1-news\/1082154\/f1-moves-lewis-hamilton-michael-schumacher-adrian-newey-kimi-raikkonen\/\" rel=\"nofollow noopener\" target=\"_blank\">F1 Blockbuster Moves: Hamilton&#8217;s secret talks with champion to leave team<\/a>&#13;<\/p>\n<p>Brown against <a href=\"https:\/\/www.gpfans.com\/en\/f1-teams\/mercedes\/\" rel=\"nofollow noopener\" target=\"_blank\">Mercedes<\/a> Alpine B-Team<\/p>\n<p>\nAs per <a title=\"The Race\" href=\"https:\/\/www.the-race.com\/formula-1\/mclaren-boss-issues-warning-amid-mercedes-alpine-link\/\" target=\"_blank\" rel=\"nofollow noopener\">The Race<\/a>, Brown also revealed that during the latest Concorde Agreement discussions, the idea that Red Bull would have to sell their sister team had been floated. &#13;<\/p>\n<p>\n&#8220;There were discussions in the Concorde Agreement about should, over time, one of the [Red Bull] teams be divested,&#8221; he said.&#13;<\/p>\n<p>\n&#8220;But I also have a huge appreciation for what they&#8217;ve done for the sport and how that was done a long time ago.&#13;<\/p>\n<p>\nThen referring to a potential purchase of Mercedes from Alpine, he continued: &#8220;So I think as long as it&#8217;s managed and watched [the Red Bull situation is okay]. But certainly adding to it, I think would be a mistake for the sport.&#8221;&#13;<\/p>\n<p>\n&#8220;In today&#8217;s day and age if that&#8217;s permitted, I think it runs a real high risk of compromising the integrity of sporting fairness. And what would turn fans off is if they don&#8217;t feel like there&#8217;s 11 independent racing teams.&#13;<\/p>\n<p>\n&#8220;I&#8217;ve been vocal about it from day one. We&#8217;ve seen it play out on track in a sporting way, with <a href=\"https:\/\/www.gpfans.com\/en\/f1-drivers\/daniel-ricciardo\/\" rel=\"nofollow noopener\" target=\"_blank\">Daniel Ricciardo<\/a> taking the fastest lap point away from us to help the other team.&#8221;&#13;<\/p>\n<p>\n&#8220;We&#8217;ve seen employees move overnight [between affiliated teams], where we either have to wait and sometimes make financial deals, which then impacts us in the cost cap.&#13;<\/p>\n<p>\n&#8220;So when you see other teams that move from one to the other and then also without financial compensation, that&#8217;s an unfair financial advantage. That&#8217;s an unfair sporting advantage.&#13;<\/p>\n<p>\n&#8220;We&#8217;ve seen <a href=\"https:\/\/www.gpfans.com\/en\/f1-teams\/ferrari\/\" rel=\"nofollow noopener\" target=\"_blank\">Ferrari<\/a> and <a href=\"https:\/\/www.gpfans.com\/en\/f1-teams\/haas\/\" rel=\"nofollow noopener\" target=\"_blank\">Haas<\/a> move people back and forth, and we know with IP (intellectual property) there&#8217;s a lot in your head with that.&#8221;&#13;<\/p>\n<p>\nREAD MORE: <a title=\"F1 stars under tax evasion investigation worth &#039;hundreds of millions&#039;&#039;\" href=\"https:\/\/www.gpfans.com\/en\/f1-news\/1082125\/f1-tax-evasion-guardia-finanza-hundreds-millions-euros\/\" rel=\"nofollow noopener\" target=\"_blank\">F1 stars under tax evasion investigation worth &#8216;hundreds of millions&#8217;<\/a><\/p>\n<p>Related\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"According to an F1 boss there were discussions in the latest Concorde Agreement that Red Bull could be&hellip;\n","protected":false},"author":2,"featured_media":395815,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[4752,204527,111,43,139,69,12362,146275,213],"class_list":["post-395814","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-f1","tag-latest-f1-news","tag-new-zealand","tag-news","tag-newzealand","tag-nz","tag-red-bull","tag-sheona-mountford","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/395814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=395814"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/395814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/395815"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=395814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=395814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=395814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}