Win with General Tire: #SARoadTrip

Share your best-ever Southern African destination with us and you could win R20 000 towards making your dream come true!

8 tips to help your pets in a heat wave

Summer is here and heat waves are hitting SA. If you think you’re hot, imagine how much your pets are suffering...

Red Bull: We won't sell F1 teams

2011-09-29 10:14

NO SALE: Red Bull has no plans to scale back it's involvement in F1 despite having no title sponsor.

Red Bull has no plans to scale back its involvement in Formula 1, owner Dietrich Mateschitz insists.

Red Bull Racing's Nascar equivalent is being wound up but it is a different story in F1, where Sebastian Vettel is on the verge of being crowned the youngest ever back to back champion.

Mateschitz told The Independent newspaper he is even happy with his second F1 team Toro Rosso.

"No," he insisted when asked if the Faenza based team is for sale, "although partnerships would not be ruled out, as long as the partner is the right one."

Also not being sold is the premier Red Bull team, even though "a forecast is difficult and a decision always depends on the wider picture, the politics, influence of F1 shareholders and many other factors".

He played down the supposed cost-drain of being involved in F1.

"The total marketing investment for (the) Red Bull (brand) is 10 times as much as in F1," said Mateschitz.

There is, however, no title sponsor as it is "difficult to find one due to the strength of the Red Bull brand".


Inside Wheels24

Did Alonso drive in 'economy mode' this season?

Fernando Alonso has been driving in 'economy mode' in 2016 to save energy for a serious bid for success in 2016.

There are new stories on the homepage. Click here to see them.