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Red Bull boss denies team spent €300m in 2010
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- Red Bull
Helmut Marko has scoffed at claims Red Bull is now Formula One's biggest spender after reports emerged it had spent around €300 million last year.
"Those figures are completely wrong; the truth is less than half of that," team consultant Dr Marko told Auto Motor und Sport. "Either someone spread these false figures deliberately, or he cannot read a balance sheet."
Marko claimed Red Bull actually ranks as the fourth-highest spender, and that was backed by the newspaper which estimated the team's true budget as being closer to €160 million.
There is some bad feeling in the paddock at present, as Red Bull is accused of breaking the Resource Restriction Agreement last year. With the disagreement not yet resolved, the team is refusing to agree to a new agreement for 2011.
"We are not opposed to saving, it's just that it can't only benefit the teams that are not good enough by only restricting the aerodynamics," Marko said. "We say yes to savings, if the engine areas are affected in the same way."
He said Red Bull was also opposed to financial penalties being paid to the other teams to "supplement their budgets", arguing that those found guilty of breaking the agreement should instead pay fines "for the promotion of the sport, or to charity".
© ESPN Sports Media Ltd.
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