Motorsport Business
Topic

Motorsport Business

AlphaTauri sale decision down to shareholders, says Marko

Red Bull motorsport advisor Helmut Marko says any decision about a future sale of its AlphaTauri Formula 1 team would be down to the company’s shareholders.

AlphaTauri sale decision down to shareholders, says Marko

A report in German publication Auto Motor Und Sport on Saturday suggested that AlphaTauri’s future was up in the air on the back of its disappointing results last year.

As Red Bull itself dominated both F1 championships, AlphaTauri endured some frustrations with its car and ended up ninth in the standings - leading to a big drop in commercial rights income.

The AMuS story claimed that Red Bull was evaluating whether costs could be dramatically cut by moving AlphaTauri to the United Kingdom. If such a move were not possible, then the squad could be put up for sale.

Speaking to Sky Germany about the story on Saturday night, Marko declined to comment specifically on the matter.

However, he was clear that Red Bull could not be satisfied with having one of its teams performing so badly in F1.

“In general, we don't comment on rumours,” he said. “It's understandable that AlphaTauri can't be satisfied with what it achieved last year - ninth place in the constructors' championship. But such a decision is entirely up to the shareholders. These are rumours that we do not comment on in detail.”

Helmut Marko, Consultant, Red Bull Racing

Helmut Marko, Consultant, Red Bull Racing

Photo by: Mark Sutton / Motorsport Images

Sources have suggested that a site in the UK, away from Red Bull’s Milton Keynes factory, had already been identified as a potential location.

Marko did admit that Red Bull was looking heavily at ways of making its investment in AlphaTauri more economical.

“You think about how you can increase efficiency,” he said. “If you have a team that wins the world championship and the other one is only around ninth place, the synergies don't seem to work properly.”

He added: “The overall result is not satisfactory. As proper business people, our shareholders will make the right decision.”

Read Also:

Red Bull took control of the AlphaTauri team back in 2005, when it was originally rebranded as Toro Rosso for the 2006 campaign.

The original intention was for it to act as a Red Bull junior team and help develop young drivers that could then help lead the main squad’s title ambitions.

World champions Sebastian Vettel and Max Verstappen both started their F1 career at Toro Rosso.

However, with Red Bull having opted for the more experienced Sergio Perez from 2021 after feeling no junior drivers were ready, the fate of AlphaTauri has been questioned.

Asked about the historical importance of its second team, Marko said: “It is part of our philosophy. Vettel and Verstappen all came to us through AlphaTauri. But if the team doesn't perform properly, it doesn't help.”

shares
comments

What we learned on the final day of F1 testing in Bahrain

Video: The key talking points from day three of F1 testing

How Vasseur has begun Ferrari’s mission to keep Leclerc on side

How Vasseur has begun Ferrari’s mission to keep Leclerc on side

Plus
Plus
Formula 1
GP Racing

How Vasseur has begun Ferrari’s mission to keep Leclerc on side How Vasseur has begun Ferrari’s mission to keep Leclerc on side

Why Red Bull’s biggest F1 adversary is now itself

Why Red Bull’s biggest F1 adversary is now itself

Plus
Plus
Formula 1
Saudi Arabian GP
Jonathan Noble

Why Red Bull’s biggest F1 adversary is now itself Why Red Bull’s biggest F1 adversary is now itself

How "only tough" Tost's public lack of trust could hurt AlphaTauri

How "only tough" Tost's public lack of trust could hurt AlphaTauri

Plus
Plus
Formula 1
Saudi Arabian GP
Jake Boxall-Legge

How "only tough" Tost's public lack of trust could hurt AlphaTauri How "only tough" Tost's public lack of trust could hurt AlphaTauri

What Perez's Jeddah joy means for F1’s 2023 hopes for a real title fight

What Perez's Jeddah joy means for F1’s 2023 hopes for a real title fight

Plus
Plus
Formula 1
Saudi Arabian GP
Alex Kalinauckas

What Perez's Jeddah joy means for F1’s 2023 hopes for a real title fight What Perez's Jeddah joy means for F1’s 2023 hopes for a real title fight

Saudi Arabian Grand Prix Driver Ratings 2023

Saudi Arabian Grand Prix Driver Ratings 2023

Plus
Plus
Formula 1
Saudi Arabian GP
Alex Kalinauckas

Saudi Arabian Grand Prix Driver Ratings 2023 Saudi Arabian Grand Prix Driver Ratings 2023

How Perez kept Verstappen’s Saudi Arabian GP surge at bay

How Perez kept Verstappen’s Saudi Arabian GP surge at bay

Plus
Plus
Formula 1
Saudi Arabian GP
Jake Boxall-Legge

How Perez kept Verstappen’s Saudi Arabian GP surge at bay How Perez kept Verstappen’s Saudi Arabian GP surge at bay

The enormous job facing F1 for its Vegas gamble to pay off

The enormous job facing F1 for its Vegas gamble to pay off

Plus
Plus
Formula 1
Las Vegas GP
GP Racing

The enormous job facing F1 for its Vegas gamble to pay off The enormous job facing F1 for its Vegas gamble to pay off

Testing times for Vasseur, but the true challenge at Ferrari is about to come

Testing times for Vasseur, but the true challenge at Ferrari is about to come

Plus
Plus
Formula 1
Saudi Arabian GP
Jonathan Noble

Testing times for Vasseur, but the true challenge at Ferrari is about to come Testing times for Vasseur, but the true challenge at Ferrari is about to come