Zak Brown vehemently refuted Peter Bayer’s assertion that Formula 1 teams aren’t profitable, while also criticizing Red Bull’s ownership of two constructors.
Brown has been vocal about the fairness of one entity owning multiple teams, particularly with both Red Bull and RB being under the umbrella of Red Bull GmbH.
He contends that such ownership can influence technical regulation voting and believes that, with the implementation of a cost cap, Formula 1 has progressed beyond such arrangements.
In discussing the matter before the Bahrain Grand Prix, Brown emphasized that while he acknowledges Red Bull’s positive contributions to Formula 1, he sees a need for rule changes in light of the sport’s budget cap era.
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Addressing the issue of multiple-team ownership, Brown compared Formula 1 to football, noting stricter regulations in the latter.
He highlighted concerns about the independence of teams under common ownership, citing instances where decisions regarding drivers and components appeared influenced by shared interests.
However, Brown expressed particular frustration with Bayer’s alleged comment that no team is profitable, which he disputed with evidence of profitable teams registered with Companies House in the UK.
He attributed his own team’s journey from financial struggle to profitability to a combination of the budget cap and diligent commercial efforts.
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Brown argued for a level playing field in Formula 1, drawing parallels to other sports where each game starts on equal footing regardless of team stature.
He called for rule revisions by 2026 to address these issues, emphasizing the sport’s evolution and the need for fairness.
In summary, Brown vehemently disagrees with the notion that Formula 1 teams are not profitable and advocates for rule changes to ensure fairness and independence among teams, particularly in the context of multiple-team ownership.
https://www.planetf1.com/news/zak-brown-f1-red-bull-ceo-two-team-ownership