Marko inks three-year extension with Red Bull

©RedBull

Helmut Marko, Red Bull’s long-standing motorsport advisor, has reportedly signed a new three-year contract with the energy drink company according to several media reports.

The 80-year-old Austrian’s new deal puts an end to speculation that he might depart the team following the expiration of his previous contract at the end of 2024.

Marko's influence on Red Bull's success has been profound.

He has been instrumental in identifying and nurturing young talent, including current F1 World Champion Max Verstappen.

His sharp eye for talent and his unwavering commitment to Red Bull's success have made him an indispensable figure within the team.

It is worth noting that Marko's new contract is once again with Red Bull's parent company, Red Bull GmbH, which highlights his unique role within the team.

He is not an official employee of the Milton Keynes-based outfit, which allows him to provide strategic guidance and mentorship without being bound by the F1 budget cap.

©RedBull

Speaking to Austrian outlet OE24 last month, Marko remarked on the changed dynamics within Red Bull since the passing of its co-founder Dietrich Mateschitz, expressing regret that his late friend could not witness the team's dominant performance in 2023, in which Red Bull won 21 out of 22 races.

“It’s now an extended group of people, including Mark Mateschitz, the Thais, and Oliver Mintzlaff,” he said.

“The way we used to be able to decide things with Dietrich Mateschitz was unique. After this winning season, which put everything in the shade, I was incredibly sorry that he was no longer able to experience it.”

Marko’s advisory role with Red Bull came into question last summer when he made controversial remarks about Sergio Perez's performance, suggesting that his "South American" mindset was a factor in his inconsistent form.

The comments sparked outrage and prompted calls for Marko's dismissal from Red Bull.

Christian Horner, Red Bull's team principal, initially defended Marko, stating that the advisor's remarks were misinterpreted. However, Horner later admitted that Marko's comments were "inappropriate" and apologized to Perez on his behalf.

The incident fueled rumors of a rift between Marko and Horner, with some suggesting that Marko's outspoken nature and Horner's desire for a more diplomatic approach had created a power struggle within the team.

However, both Marko and Horner have publicly denied any such rift, insisting that they have a "good working relationship."

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