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Horner underlines commitment to cost-cutting

Red Bull Racing's Christian Horner has lent his support to the campaign against a 'two tier' set-up in Formula One, but insists that those intimately involved in the sport remain committed to bringing down the cost of competing.

Whilst not going as far as Red Bull brand magnate Dietrich Mateschitz and suggesting that the proposed £40m budget cap could strip Formula One of most of its current line-up, Horner admitted that the thought of a separate set of rules for those abiding by the cap was not an appetising one.

Mateschitz has claimed that 'teams [backed by] manufacturers will no longer take part' and 'of the teams now, only two or three will remain', while the likes of Toyota and Ferrari have confirmed that they would withdraw under budget cap conditions. Horner, however, believes that teams association FOTA and the FIA should make time to sit down and further discuss the issue.

"First of all, we fully support any initiative to reduce costs from where they currently stand," he told the official F1 website, "I think a lot of good work was done by FOTA with the FIA over the last winter, focusing primarily on the engine and operations, and some big cost savings were made. It is now time to focus on the chassis.

"However, it is important that Formula One does not end up with two different types of regulations and I think the objective should be to reduce the price in order to be competitive. Hopefully, through work with FOTA and the FIA, that can be achieved. To rely solely on the cap to control the costs with very open regulations would certainly be very challenging."

Despite Ferrari's dramatic revelation that it would be prepared to end 60 years' involvement in the top flight should FIA president Max Mosley force through his proposal, Horner believes that FOTA remains united in its aims.

"The good thing is that all the teams - big or small - are focusing on the same objectives: reducing costs," he stressed, "We, as an independent team, have seen significant savings this year through some of the initiatives, and the show is better than ever.

"I think Formula One's appeal is better than it has been for years and, while I'm not going to divulge the content of last week's discussion, what I can say is that they were very constructive and I don't see any sign of fatigue."


Related Pictures

Click on relevant pic to enlarge
Bernie Ecclestone (GBR), Christian Horner (NED) Red Bull Sporting Director, Chinese F1 Grand Prix, Shanghai, 17th-19th, April 2009
24.06.2017 - Qualifying, Helmut Marko (AUT), Red Bull Racing, Red Bull Advisor
24.06.2017 - Qualifying, Daniel Ricciardo (AUS) Red Bull Racing RB13
24.06.2017 - Qualifying, Max Verstappen (NED) Red Bull Racing RB13
24.06.2017 - Qualifying, Chase Carey (USA) Formula One Group Chairman and Christian Horner (GBR), Red Bull Racing, Sporting Director
24.06.2017 - Free Practice 3, Max Verstappen (NED) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Daniel Ricciardo (AUS) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Lewis Hamilton (GBR) Mercedes AMG F1 W08 and Daniel Ricciardo (AUS) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Max Verstappen (NED) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Daniel Ricciardo (AUS) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Max Verstappen (NED) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Max Verstappen (NED) Red Bull Racing RB13 and Kimi Raikkonen (FIN) Scuderia Ferrari SF70H
24.06.2017 - Free Practice 3, Nico Hulkenberg (GER) Renault Sport F1 Team RS17 and Max Verstappen (NED) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Daniel Ricciardo (AUS) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Max Verstappen (NED) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Max Verstappen (NED) Red Bull Racing RB13
24.06.2017 - Free Practice 3, Max Verstappen (NED) Red Bull Racing RB13 and Felipe Massa (BRA) Williams FW40
24.06.2017 - Free Practice 3, Daniel Ricciardo (AUS) Red Bull Racing RB13

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