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If they fail to find a competitive engine, Red Bull will pull out of F1 at the end of this season. Both Helmut Marko, the brand’s motorsport consultant and Red Bull owner Dietrich Mateschitz have confirmed the team will split from Renault at the end of the season due to their frustration about the engines delivered by the French manufacturer. This will end the partnership with Renault a year early.
Last Friday evening, a round of rumors linked the Volkswagen Group with a takeover of the team but Red Bull has told Sky Sport F1 that there were no truth to the rumors and the speculations are wide off the mark.
With Mercedes Benz unwilling to supply a team that is challenging their dominance and Honda’s units performing a lot worse than Renault, Ferrari is the only option that is available to the Red Bulls for a short term basis. However, Marko told Sky Sports that they have decided that if there is no competitive engine they can use, they will leave Formula 1. When Marko was asked whether he plans to switch to Ferrari, he did not go into details because what he really wants is a competitive engine because at Monza, they were 2 seconds behind. He feels that it does not make sense competing if there is no power unit.
Marko also gave a firm indication that the Red Bull’s deal with Renault will be terminated a year early. Mateschitz also told an Austrian newspaper that the separation with Renault at the end of the season is a mutual agreement because there is no longer any sense to work together.
If Red Bull is going to withdraw from Formula 1 it would put the future of the two teams in doubt unless another investor is found. It would also cast doubt on the Austrian Grand Prix that is currently being promoted by Red Bull and held at their circuit Red Bull Ring.
However, according to Volkswagen, they could buy the team to be their engine providers for 2018. Any speculations are said to be inaccurate because a deal with Volkswagen won’t be done short term. There is also a long term agreement with Audi but there is no deal yet as of now.