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Horner: Red Bull would consider ‘significant’ offers for Sainz

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Red Bull would consider releasing Carlos Sainz Jr. from his Formula 1 contract if the price was right as speculation about the Spaniard’s future continues to circulate the paddock.

Sainz said over the Austrian Grand Prix weekend that a fourth year with Toro Rosso in 2018, Red Bull’s B-team in F1, was unlikely, only for his bosses to snap back and confirm he remained under contract for next season.

With Daniel Ricciardo and Max Verstappen locked in at Red Bull for the foreseeable future, Sainz appears to be stuck at Toro Rosso, leading to suggestions he could be set for a move up the grid.

A report in the German media over the Silverstone weekend even suggested he could be in line to replace Jolyon Palmer at Renault for the Hungarian Grand Prix at the end of the month, but Horner was quick to rebuff this.

“I don’t know where these rumors come from, but I cannot believe that these rumors are out there for the Hungarian race,” Horner said, as quoted by Reuters.

“Carlos Sainz has a contract with Red Bull Racing. There are two years left on that contract.

“If somebody was prepared to make an offer, of course, we’d consider it.”

However, Horner stressed that it would need to be an impressive offer given Red Bull’s investment in Sainz, having funded his career from Formula BMW right the way up to F1.

“It would have to have a significant value attached to it because we’ve invested in Carlos significantly,” Horner said.

“You’re not just going to give an asset away.”

Should Sainz depart Toro Rosso at the end of the season, 2016 GP2 champion Pierre Gasly, who currently races in Japan’s Super Formula series, is next in line on Red Bull’s junior program to get a shot in F1.

Holmatro, INDYCAR renew partnership in five-year extension

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Holmatro, a long-time partner of INDYCAR and title sponsor of the Holmatro Safety Team, have renewed a long-standing partnership that will see Holmatro and INDYCAR continue their partnership in a five-year contract extension.

“Holmatro has been a trusted partner and supplier in Indy car racing for more than 20 years,” said president of competition and operations Jay Frye. “Holmatro’s growth parallels some of the great strides made in safety for INDYCAR drivers and teams. We’re pleased to see this partnership continue, as it is a great benefit to everyone in the paddock.”

Holmatro’s relationship with INDYCAR dates back to 1991, when they first supplied tools to the safety team of the CART sanctioned PPG IndyCar World Series. Holmatro branding will continue to be featured on the firesuits, vehicles, and transporters of INDYCAR’s safety team throughout the agreement.

“Holmatro is extremely pleased to extend our partnership with INDYCAR for another five years,” said Tony Barboza, general manager for Holmatro. “We’re extremely proud to be affiliated with the premier on-track safety team in the world. Members of the safety team serve on their home fire departments when not at INDYCAR events and, like them, we believe in constant improvement and innovation. When the race is for life, you can count on the INDYCAR Safety Team and Holmatro rescue tools.”

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