Trouble at Red Bull?

Trouble at Red Bull?

Author
Discussion

Pflanzgarten

Original Poster:

4,701 posts

31 months

Saturday 21st October 2023
quotequote all
A lot of the more click batey websites are reporting a rift at the top since the big man passed away. Horner wanting control of the F1 group against Marko, plus Marko wanting to keep Tsunoda in to keep Honda onside with Horner wanting rid.

How long can Marko keep going at his age, plus any alliance with Honda is going to expire within two years anyway?

The crack is the Verstappen's are tied in with Marko as well.

Trouble at t'mill?

Deesee

8,509 posts

89 months

Monday 23rd October 2023
quotequote all
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.

Interestingly the new wind tunnel and subsequent investment (for RB and AT) was cancelled today.


miniman

26,014 posts

268 months

Monday 23rd October 2023
quotequote all
Deesee said:
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.
Not sure I can see how he could replace the Red Bull catering department easily.

Derek Smith

46,327 posts

254 months

Monday 23rd October 2023
quotequote all
Deesee said:
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.

Interestingly the new wind tunnel and subsequent investment (for RB and AT) was cancelled today.
Interesting. That needs watching.

miniman said:
Deesee said:
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.
Not sure I can see how he could replace the Red Bull catering department easily.
Now that's just plain nasty.

Funny though and well worth posting. Thanks.

Deesee

8,509 posts

89 months

Monday 23rd October 2023
quotequote all
miniman said:
Deesee said:
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.
Not sure I can see how he could replace the Red Bull catering department easily.
Come on, sensible thread.. interesting topic.

Take your post down please.. (then we can take out the replies).

jm doc

2,912 posts

238 months

Monday 23rd October 2023
quotequote all
Deesee said:
miniman said:
Deesee said:
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.
Not sure I can see how he could replace the Red Bull catering department easily.
Come on, sensible thread.. interesting topic.

Take your post down please.. (then we can take out the replies).
Nah, keep it in, they deserve it

F1GTRUeno

6,512 posts

224 months

Monday 23rd October 2023
quotequote all
Deesee said:
Interestingly the new wind tunnel and subsequent investment (for RB and AT) was cancelled today.
I take it it’ll be a while before we find out why?

InformationSuperHighway

6,435 posts

190 months

Monday 23rd October 2023
quotequote all
Deesee said:
miniman said:
Deesee said:
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.
Not sure I can see how he could replace the Red Bull catering department easily.
Come on, sensible thread.. interesting topic.

Take your post down please.. (then we can take out the replies).
Who made you the thread police?

Highly speculative thread which means it will be filled with all sorts of nonsense.. let it ride.

Muzzer79

10,846 posts

193 months

Monday 23rd October 2023
quotequote all
Deesee said:
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.

Interestingly the new wind tunnel and subsequent investment (for RB and AT) was cancelled today.
On the basis that an F1 team is worth $800m now, he’d therefore need to raise $1.6bn. That’s a hell of a lot of money and Bernie is halfway in his box.

I also can’t see Liberty letting Red Bull go. They’ve invested billions in to the sport over the last 30-40 years and own two teams.

Finally, why would Red Bull want out? They had two teams that have appreciated in value. One is winning everything and putting Red Bull on screens everywhere, the other is feeding that team for the future, they now have their own engines to ensure they are independent from any other entity in order to win.

I can see Marko being elbowed out as he was there because of Mateschitz. His…ahem…..forthright views won’t be tolerated by the new corporate regime and I’m sure he won’t appreciate being ‘managed’. Especially now he’s in his 80s.

Without Marko around, Horner is de facto top dog. No problem.

Edited by Muzzer79 on Monday 23 October 22:53

Sandpit Steve

11,228 posts

80 months

Tuesday 24th October 2023
quotequote all
Having an 80-year-old in charge of a division that turns over close to half a billion dollars a year, would be high on the risk register for any large corporate, especially with the turmoil following the death of Mateschitz.

What I suspect we’re seeing here, is Horner arguing directly to the RB board for a promotion, to replace Marko in the role of running the whole RB motorsport division. He’s been running RBR since 2005 yet only turns 50 next month, so is quite possibly looking for a new challenge.

IanUAE

2,938 posts

170 months

Tuesday 24th October 2023
quotequote all
Deesee said:
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.

Interestingly the new wind tunnel and subsequent investment (for RB and AT) was cancelled today.
from Crash.Net another more favorable site has been found so not the breaking news originally posted online. The current Red Bull wind tunnel dates back to WW2.

Piginapoke

4,954 posts

191 months

Tuesday 24th October 2023
quotequote all
Sandpit Steve said:
Having an 80-year-old in charge of a division that turns over close to half a billion dollars a year, would be high on the risk register for any large corporate, especially with the turmoil following the death of Mateschitz.

What I suspect we’re seeing here, is Horner arguing directly to the RB board for a promotion, to replace Marko in the role of running the whole RB motorsport division. He’s been running RBR since 2005 yet only turns 50 next month, so is quite possibly looking for a new challenge.
Marco isn't in charge of anything at RB, he's an advisor with accountability only for the young driver programme. Marco was very close to Mateschitz which gave him power in the organisation. This seems to be changing following Mateschitz's death- that's the only story I think.

Red Bull Racing is 49% owned by Mateschitz's son and 51% is held by Chalerm Yoovidhya, the son of the Red Bull co-founder.



Edited by Piginapoke on Tuesday 24th October 06:18

Piginapoke

4,954 posts

191 months

Tuesday 24th October 2023
quotequote all
Deesee said:
Can see Horner raising the funds by private equity (or Bernie) to buy out Red Bull.

Interestingly the new wind tunnel and subsequent investment (for RB and AT) was cancelled today.
The RB owners are not interested in selling to anyone, including Horner. RB has just finished its review of F1 and decided to stay in with both teams. F1 team values are going through the roof under the cost cap and Liberty (not to mention the F1 prize money as champions and more sponsors than they can handle). Would you sell?

Also, RB is moving the location of its new wind tunnel- nothing is cancelled:

https://www.autosport.com/f1/news/new-location-but...

slopes

39,909 posts

193 months

Tuesday 24th October 2023
quotequote all
Pflanzgarten said:
A lot of the more click batey websites are reporting a rift at the top since the big man passed away. Horner wanting control of the F1 group against Marko, plus Marko wanting to keep Tsunoda in to keep Honda onside with Horner wanting rid.

How long can Marko keep going at his age, plus any alliance with Honda is going to expire within two years anyway?

The crack is the Verstappen's are tied in with Marko as well.

Trouble at t'mill?
I think it's a non event and is being hyped up for click bait, as you said, and as others have mentioned that neither really weilds any great power in this situation.

Pflanzgarten

Original Poster:

4,701 posts

31 months

Tuesday 24th October 2023
quotequote all
slopes said:
neither really weilds any great power in this situation.
I suspect one of them wants to.

Muzzer79

10,846 posts

193 months

Tuesday 24th October 2023
quotequote all
I suspect that Horner might be angling for a stake in the team - like Wolff has at Mercedes.

Given the value of F1 teams now and potential in the future, he may see that as a better and more secure bet than a straight employment contract.

After all, Mercedes cannot get rid of Wolff unless they buy him out of the team. Ron Dennis had a share of McLaren, Frank Williams obviously owned Williams.

Horner has no such security or investment potential at Red Bull - he's just an employee. After 18 years of loyalty in charge and delivering championships for a third of that tenure, that may irk him a bit. (It would me)

Pflanzgarten

Original Poster:

4,701 posts

31 months

Tuesday 24th October 2023
quotequote all
I must admit I couldn’t see why Hamilton was taking such a massive salary at Mercedes and then they let Jim Radcliffe buy in-were I on Lewis’ shoes I’d have said pay me a couple of million and some shares please.

Deesee

8,509 posts

89 months

Tuesday 24th October 2023
quotequote all
Meanwhile the catering department goes from strength to strength..


jm doc

2,912 posts

238 months

Tuesday 24th October 2023
quotequote all
Deesee said:
Meanwhile the catering department goes from strength to strength..

rofl

stemll

4,255 posts

206 months

Wednesday 25th October 2023
quotequote all
F1GTRUeno said:
Deesee said:
Interestingly the new wind tunnel and subsequent investment (for RB and AT) was cancelled today.
I take it it’ll be a while before we find out why?
Yep, all of a day smile It hasn't been cancelled, the planning has been withdrawn because they are going to build it somewhere else

https://www.autosport.com/f1/news/new-location-but...

Meantime they continue to use the one on the old RAE Bedford tunnel site at Thurleigh. Not quite WWII but was built in the 50s.