Red Bull founder Dietrich Mateschitz believes Formula 1 would enjoy a healthy boost if there were more races like last Sunday's Austrian Grand Prix.

The 72-year-old Austrian business magnate, whose comments in the media are few and far between, was asked about the success of the race and attendance figures registered at the Red Bull Ring which his company owns.

"We know already that F1 is not exactly booming," he told Speedweek.

" But we would only need more races like this one and it would change quickly. If Ferrari and ourselves are able to put Mercedes under even more pressure, then the interest will rise again."

Red Bull Racing's performance this season is light-years ahead of last season's dismal campaign, with progress on the engine front made by partner Renault evidently the main factor in elevating the Milton Keynes outfit's results.

"We are absolutely satisfied with the progress of our engine partner," underlined  Matescitz.

"The change in management was crucial. There are once again racers at work, bringing the necessary commitment and passion.  That's why we extended the contract until 2018, but already for 2017 it is looking good."

Austrian Grand Prix - F1i Driver ratings

REPORT: Hamilton snatches dramatic victory on final lap from Rosberg

Breakfast with ... Alexander Rossi

F1i Classic: Penske's emotional Austrian GP win

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

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…

1 hour ago

Hamilton delighted with ‘consistently strong day’ in Vegas

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

2 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…

3 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…

4 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…

5 hours ago

2024 Las Vegas Grand Prix Free Practice 2 - Results

Full results from Free Practice 2 for the Las Vegas Grand Prix at Las Vegas,…

5 hours ago