F1 News, Reports and Race Results

Marko resists idea of F1 as 'battle of the accountants'

Red Bull motorsports consultant Dr Helmut Marko says he is opposed to the idea of Formula 1 being held hostage by the bean-counters as a result of the new budget cap and strict rules on spending within the sport.

The sport's cost controls mean that spending is limited to around $150 million (depending on the number of races per season). With inflation skyrocketing around the world, this already tight limit is getting even tighter by the minute.

That means the accountants employed by the teams to keep a grip on their finances are rapidly becoming some of the Most Valuable Players in the sport - something that Marko isn't keen on.

"The finance department has been expanded significantly," he told German motorsports news site Motorsport-Total.com in an exclusive interview conducted at the Hungarian GP before the summer break.

"In the past, the technicians only had to register how much they needed, and if they were outside of the business plan you had to somehow coordinate this with Red Bull in Salzburg.

"Now it's the case that the cooperation with the financiers determines the updates and also that of the massiveness of the updates.

"But it's not the case that the financier says, from then on there can be no more updates. We in the team management look at it and say we still need an update. Then that has to be saved somewhere else.

"It's a process where the FIA is learning, where we're learning. But I hope it doesn't degenerate into an accountant's championship."

©RedBull

Retaining staff under these conditions is proving particularly difficult. "We have cut people at Red Bull Racing, but we still have Red Bull Technology," Marko explained. "The people will then be moved and given other tasks.

"We have the hypercar, we're in the America's Cup. There are some projects where we are accommodating staff you don't want to lose.

"We founded Red Bull Powertrains last year. The Mercedes engine factory is probably 20 or 30 years old. Ferrari as well. You have to find adjustments in the cost cap."

Red Bull currently runs engines developed by Honda in Japan and shipped over as sealed units, but that will change when new engine regulations are introduced in 2026 with the team likely to link up with Audi.

"There are currently 300 employees [at Red Bull Powertrains]," he explained. "If a new manufacturer comes along, you can cooperate. They could use the facilities that we have, which is another bonus point."

"If a new manufacturer comes in, they will immediately have a new engine factory with six functioning test benches. Everything there is the finest of the finest."

Even so, there have been some high profile departures from the team's technical department, such as former head of aerodynamics Dan Fallows leaving for Aston Martin. Marko hopes these have been minimised as much as possible.

"We have a solid team, we have little fluctuation. It happens that someone leaves, but it was nothing essential in our aerodynamics department. .

"That was possible because we have such a solid and passionate group - and a good financier who regulates that with the budget cap."

Marko also gave an example of how the current tough global economic situation in the wake of Russia's invasion of Ukraine had also had a major impact on F1.

"If we are granted an amount X, we cannot currently build it because we cannot get the necessary materials. There are shortages on the world market," he said.

"[Powertrain systems specialists] AVL cannot deliver ad hoc because steel is scarce. You can hardly find construction companies. You have to take that into account in such an overall package.

"We were lucky that we completed most of the construction work before the start of the war. We had already ordered from AVL beforehand. This means that the steel shortage no longer affected us as much."

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

Michael Delaney

Recent Posts

Vettel to pay tribute to Senna with McLaren MP4/8 run at Imola

Sebastian Vettel will pay a fitting tribute to the great Ayrton Senna later this month…

9 hours ago

Jordan: Newey likely to ‘just cruise for a while’

The bets are on about Adrian Newey’s next move following Wednesday’s confirmation of his departure…

10 hours ago

Ferrari reveals red and blue SF-24 livery for Miami

As announced by the Scuderia last week, Ferrari is embracing a splash of blue for…

12 hours ago

Steiner sues Haas over unpaid commissions and image rights

Guenther Steiner, the former team principal of Haas F1, has initiated legal action against the…

14 hours ago

Hamilton and Mercedes light up Fifth Avenue!

Mercedes and Lewis Hamilton – supported by team partner WhatsApp – staged a spectacular takeover…

15 hours ago

Horner pays tribute to Newey, a ‘true legend’ and friend

Red Bull team principal Christian paid a heartfelt tribute to legendary designer Adrian Newey who…

16 hours ago