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F1: Red Bull's owner won't block Sebastian Vettel's title path

2-18-2009

by Auto123.com

From GMM

Red Bull owner Dietrich Mateschitz has promised not to become a roadblock to Sebastian Vettel's Formula 1 title aspirations.

The 21-year-old Vettel (photo) has inked a two year contract to race with the energy drink company's Red Bull Racing team in 2009 and 2010, but F1 chief executive Bernie Ecclestone has been vocal about his desire to see the highly rated driver in a truly competitive car.

"We have a two-year contract with Sebastian," the Austrian billionaire told Germany's Auto Motor und Sport.

"Should we be unable to give him a top car, we will certainly not want to stand in his way to the world title," added Mateschitz.

The Austrian added that the competing teams should own the business of formula one.

"The teams are the ones who firstly make up F1 and also bear the financial risk," he said. They are the ones that not only have the expertise necessary, but also the passion. For me, therefore, there is only one logical and morally acceptable partner for F1 - the teams."

With the unified teams' FOTA alliance already established, Mateschitz said a joint "takeover bid" is the "next logical step" in the discussion about the future of the sport.

Max Mosley said the commercial governance of the sport belongs to Formula One Management and CVC, because the FIA sold those bodies the rights.

"You don't get to own a restaurant by eating in it every night -- and they haven't even eaten in it every night, apart from Ferrari," Mosley said recently.


Photo Credit : Red Bull - Gepa Pictures