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Financial worries still loom for F1 teams

That's why company chief executive Ron Dennis has warned Hamilton not to expect the same sort of pay deal if he decides to re-sign with the team for 2013. Dennis also has concerns about finding a new headline sponsor for the team for 2014, and the future price of engines for the F1 cars as the current supply contract with Mercedes comes to an end next year.

The one team seemingly without any concerns over money is Red Bull, owned by Austrian billionaire Dietrich Mateschitz and funded by the income from the huge worldwide sales of the energy drink.

However, the situation at Red Bull might not be as headache-free as many assume: as its a private company, Red Bull does not have to disclose its accounts in the way that publicly traded companies on the stock exchange do, so the exact state of the Austrian company's finances are not known.

But Red Bull's shock decision to suddenly pull out of NASCAR in 2011 perhaps proves that even Mateschitz's pockets have their limits in the current economic climate, which could end up being potentially bad news indeed for their junior F1 team Toro Rosso.

Related Pictures

Click on relevant pic to enlarge
Jenson Button (GBR), McLaren Mercedes and Lewis Hamilton (GBR), McLaren Mercedes - Vodafone McLaren Mercedes MP4-27 launch, McLaren Technology Centre
20.04.2012-  Free Practice 2, Ron Dennis (GBR), McLaren Mercedes
27.07.2012- Free Practice 2, Sebastian Vettel (GER) Red Bull Racing RB8
24.06.2012- Race, Vijay Mallya (IND), Chairman and Managine Director Force India and Bernie Ecclestone (GBR), President and CEO of Formula One Management
24.05.2012- Vijay Mallya (IND), Chairman and Managine Director Force India
Daniel Ricciardo and Daniil Kvyat
Christian Horner
Christian Horner
Daniil Kvyat
Daniel Ricciardo
Fernando Alonso - McLaren Honda
Kevin Magnussen - McLaren Honda
Fernando Alonso, Jenson Button - McLaren Honda
McLaren Honda MP4-30
McLaren Honda MP4-30
Jenson Button - McLaren Honda
Jenson Button - McLaren Honda

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