F1 News, Reports and Race Results

Red Bull driver contracts watertight - Mateschitz

Red Bull team owner Dietrich Mateschitz has reiterated the fact that neither Daniel Ricciardo or Max Verstappen will be leaving the Milton Keynes outfit at the end of the year.

Both drivers are under contract for 2018, and despite rumors which see Ricciardo possibly heading to Maranello in the near future, Matechitz said that it won't happen.

"Where would they go?" the Austrian billionaire told Salzburger Nachtrichten.

"There will not be places free at either Mercedes or Ferrari."

Speaking about Red Bull Racing's current performance level, which lags that of Ferrari and Mercedes, the energy drink company co-founder pleaded for more time and patience.

"We have to catch up and especially the improvements from our partner Renault are delayed," he said.

"So we have to be patient until we get closer to Mercedes and Ferrari," he said.

Finally, the 72-year-old commented on the new era in F1 overseen by Liberty Media, as a series of fan-friendly initiatives made their bow in Barcelona at the weekend.

"It is clear that the new owners are very keen to innovate," he said, "and above all to do something more for the audience.

"We also have to give them time, but they do the right things so far," said Mateschitz.

Asked what his wishes are for the future direction of the regulations, he answered: "We would want an independent engine manufacturer so there is no longer this dependence on manufacturers.

"But this is a long-term wish for the regulations after 2020," added Mateschitz.

Win the ULTIMATE TRACKDAY with F1i.com!

GALLERY: All the action from Barcelona on Sunday

Keep up to date with all the F1 news via Facebook and Twitter

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

Recent Posts

Ferrari's Sainz 'not satisfied with where we are' in Vegas

It was a solid start to the Las Vegas weekend for Ferrari with Carlos Sainz…

1 hour ago

Norris labels McLaren long-run pace ‘shocking’ in chilly Vegas

Lando Norris didn’t hold back in his assessment of McLaren’s performance on the opening day…

2 hours ago

Hamilton delighted with ‘consistently strong day’ in Vegas

Lewis Hamilton was particularly happy with his opening day of running at the Las Vegas…

4 hours ago

Verstappen stuck with 'draggy' rear wing for Vegas

Red Bull fears that its prospects for this weekend's Las Vegas Grand Prix - which…

4 hours ago

Ferrari and Mercedes admit to plank changes based on FIA’s TD

Ferrari and Mercedes have both modified their car’s floor element in Las Vegas to comply…

5 hours ago

Las Vegas GP: Hamilton continues on top in second practice

Lewis Hamilton put Mercedes on top of the timesheets for the second time in Las…

6 hours ago