Red Bull to stay with Renault
The magazine Autosport say they understand that Red Bull and Renault will continue their partnership next year if owner Dietrich Mateschitz gives the go ahead. Earlier this year the contract was terminated the contract because they thought they had a deal with Mercedes.
The deal fell through after the board of the German manufacturer rejected the deal. Talks with the sports other manufacturer were unsuccessful but it is reported that Honda were keen but McLaren boss wasn’t keen.
Autosport say they understand the two companies are close to renewing the partnership, at least for 2016, potentially for longer, but with financial implications for Red Bull.
However Red Bull will lose their status as ‘works team’ for Renault as they look to buy Lotus. Also their man sponsors will be reduced with Infinti dropping the team in 2017 meaning more cost for Red Bull. Including investment in Renault’s engine program.
Meanwhile it is understood that the contract has been signed but Red Bull will not use Renault branding.
McLaren announce replacement for Magnussen
Stoffel Vandoorne has been announced as McLaren’s test driver after winning this year’s GP2 championship, He will combine his role with competing in Super Formula.
He said “”I definitely want to race something next year, but what it will be we don’t know yet. There’s definitely some options though and we’re talking about them.”
Adding “I’m going to be test and reserve driver at McLaren anyway, which is a good position to be in.”
Vandoorme replaces Dane Kevin Magnussen
Wurz retires from racing
Former F1 driver and double Le Mans 24 Hours winner Alex Wurz has announced his retirement from motorsports following thus weekends final round of the World Endurance Championship in Bahrain.
The Austrian competed in sixty nine Grand Prix’s for McLaren and Williams, scoring three podiums. He enjoyed most success in endurance racing, winning the Le Mans 24 Hours in 1996 and 2009. He drove for Bentton but failed to impress so stepped away from racing becoming a test driver.
He did step in at Honda for Juan Pablo Montoya when he injured himself before a seasons long drive at Williams were he scored a podium. Wurz also scored a podium in Canada in 2007. His final race will be in Bargain later this month.
He tweeted “After 20yrs as Pro Racer its time to hang up the helmet. Thx Racing, you’ve been good to me!” with a comic picture of him transforming out a race suit.
Cutting bureaucracy at Williams
Deputy Team Principal of Williams Claire Williams has told the CBI Annual Conference that the team will remove middle-management sign-off and other bureaucracy wherever possible.
Speaking at the conference she said Formula 1 is a “development war” – and that if the team stops innovating then “we lose the war”. “We always encourage every single person at Williams to innovate, and we do that through enablement
Ms Williams added “That means enabling them to go about doing their job without a load of bureaucracy. And also without a load of middle-managers coming in and needing to have sign-off and approval for this and that.”
The team is a independent family business with an annual turnover of £115m – around one-third of Ferrari’s income. She is working on was to add value to the company. She says the business is unusual because “Everyone sees our success and our failure”
£24 million for Fangio’s Ferrari
The Ferrari 290 MM which was raced by five times world champion Juan Manuel Fangio could be sold for £24 million. The car has been put up for sale buy it’s owners and could become the world most valuable car.
The 3.5 litre V12 engine developing 345bhp, the open-top race car could reach a top speed of around 180mph. Fangio raced it at the 1956 Mille Miglia, battling appalling weather to finish fourth in the gruelling 1,000-mile road race.
Only 290 car were built and has been described as “truly a spectacular and super-rare car”. It was also driven by Phil Hill and Alfonso de Portago and was driven to victory in the 1957 Buenos Aires 1000 KM. the car is rare because it still has the original engine, gearbox, chassis and bodywork.
It has been called “undoubtedly one of the greatest, most original, and most valuable cars ever offered at public auction”. It will be sold at Sotheby’s in New York on December 10th.