Horner: Costs set to increase greatly next season

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Red Bull team principal Christian Horner has explained how the cost of participating in Formula One is set to significantly increase next season due to the new regulations that have not been introduced with finances in mind.

Next year, V8 engines will be replaced by turbocharged V6 power units, and with the re-introduction of in-season testing, costs are set to rise. Speaking to ESPN F1, Horner expressed his dismay at the situation.

“The costs are going to significantly increase,” he explained. “The engines are far more expensive, and to operate that engine… Just the radiator bill alone next year compared to this year is looking like it’s going to be double.

“Then of course we’ve added four in-season tests, so the teams have only got themselves to blame because each of the regulations that have been introduced next year will have a dramatic impact on costs.”

Horner explained that Red Bull has had to search for some new sponsors and partners to help ease the costs, but he acknowledged that the other teams may not enjoy such a luxury.

“The impact of next year’s costs for us could range anywhere between €25 million and €40 million. We have to go out and find that because Red Bull won’t fill that deficit and that’s why we have a lot more partners on the car.

“Thankfully we’ve been successful and we’ve managed to attract good partners and good prize revenues, but if you’re further down the grid it must be impossible to counter the increase in costs versus generating income.”

Red Bull will go in search of a fifth straight drivers and constructors’ championship in 2014 as Daniel Ricciardo joins the team as Sebastian Vettel’s teammate.

Newgarden fastest as Castroneves returns in weather-shortened Barber test

Photo: IndyCar
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The Verizon IndyCar Series took to Barber Motorsports Park on Tuesday for an open test, with 24 entries tackling the 2.38-mile road course.

Weather intervened in the afternoon, preventing nearly the entire field from going out, but the weather held off during the morning enough for one session to be run in its entirety.

Team Penske’s Josef Newgarden led the way, with a quick lap of 1:07.979, ahead of Team Penske teammates Will Power and Helio Castroneves. For Castroneves, this marked his first IndyCar outing of 2018.

Helio Castroneves was back in an IndyCar on Tuesday at Barber Motorsports Park. Photo: IndyCar

Sporting the Pennzoil “yellow submarine” paint scheme, Castroneves turned 41 laps around Barber in the morning session, with a quick lap of 1:08.315. He was also the only driver to venture out on track in the afternoon, completing eight laps.

The Dale Coyne Racing duo of Sebastien Bourdais and Zachary Claman De Melo completed the top five.

Results are below.