scuderiabrandon wrote: ↑25 Jan 2024, 17:29
Wouter wrote: ↑25 Jan 2024, 17:23
scuderiabrandon wrote: ↑25 Jan 2024, 17:13
You are completely missing the point
on purpose.
Who the Team Principal is has no relevance, they answer to the owners, who also happen to own another team on the grid.
Red Bull call the shots, they make the decisions, no TP can override the owners choices.
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Excuse me?! On purpose?!
Peter Bayer isn't the Team Principal, he is the CEO.
My bad forgot Mekies will be TP.
That still doesn't change anything for me personally. Red Bull call the shots, like they always have and always will.
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Oct 20 2023.
With Mateschitz gone, ownership of the energy drinks company is now divided between his son Mark, who has a 49% stake, and Thai billionaire Chalerm Yoovidhya who has majority control.
There is also a new CEO in Oliver Mintzlaff, who has got up to speed with the world of F1 having been previously involved in Red Bull’s football activities.
Horner: “I think through his [Marko] relationship with Dietrich, that gave us [and now also Bayer], and gave me, the freedom to get on and run the business. It avoided being bogged down by corporate treacle.
“We were able to maintain the essence of operating like a race team, making fast and decisive decisions, which we continue to do, but just in a slightly different way.
“When we've needed to act swiftly or decisively, they've absolutely done that - whether it was on the acquisition of a building or a decision that needed to be done quickly,” he said.
“From a team point of view, in our world, nothing has fundamentally changed. For Red Bull Racing, nothing's really changed, we're still going about our business and getting on with the job in hand.
“So there's been a management restructure there that perhaps aligns it more closely with Red Bull Racing to make best use of the synergies that are permissible within the framework of the regulations.”
“As Red Bull continues to be successful in its own right in their mainstream business, so I've had the freedom and autonomy to get on, which is so important in F1,” he said.
“It’s one of the reasons why we've been so successful over the last 20 years or so. We've got tremendous support. We're investing in a new windtunnel, which has been signed off by both shareholders [in 2020].
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When Mintzlaff saw everything went well in April 2023 they agreed that Horner and Marko could make the decisions and all they had to do was report everything. Mintzlaff fully trusts that they will handle things properly themselves and if things don't go well, Mintzlaff of course has the final say.