Atlas F1 News Service

Red Bull to Split with Sauber over Driver Dispute

Thursday March 1st, 2001

Energy drinks maker Red Bull announced it will terminate its agreement with Formula One team Sauber at the end of 2001.

The company ran into a dispute with team chief Peter Sauber over who should drive for the team: reportedly, Red Bull CEO, Dietrich Mateschitz, wanted Enrique Bernoldi to join the team, instead of Finnish Kimi Raikkonen.

"The situation with Red Bull is really special," explained Sauber. "Red Bull is majority shareholder but I have the majority of the votes.

"That the majority shareholder wants to have a say is understandable. But you can't have two people running a racing team. That is also why the cooperation with Red Bull will end at the end of 2001."

Red Bull owns 60% of the team, and it is now speculated that Credit Suisse will buy these shares.

"We will work intensively this season to find a new title-sponsor. More I cannot say," Sauber said.

Latest Headlines:
<<  Previous  |  Mar News  |  News Index |  Next  >>
*(03-16-2005): Badoer Continues Testing at Fiorano
*(03-16-2005): Fisichella Aims to Win Again in Malaysia
*(03-16-2005): Davidson Lined Up for Villeneuve's Drive
*(03-16-2005): Preview: Raikkonen Aims to Stop Renault
*(03-16-2005): Malaysia Preview Quotes: Jordan

© 1995-2005 Kaizar.Com, Inc. Copyright & Terms

  < Previous | Next >

  Mar 2001 Index

  Current News Index

  Email to Friend


   2004 at a Glance
   2004 Standings
   2005 Calendar
   2005 Line-Up
   Drivers Bio
   Teams Info
   Testing Center


   News Service
   Photo Gallery
   My Atlas
   Bulletin Board
   Chat Service
   Shop @ Atlas
   Search & Archive