July 5, 2024

As the $366 million Red Bull dilemma arises, Red Bull reveals the motor giant’s rage about the Horner probe.

 

One week before the 2024 Formula One season kicks off, Ford CEO Jim Farley is still “increasingly frustrated” by the status of Red Bull’s inquiry into the claims made against Christian Horner.

Ford will provide Red Bull’s engines from 2026 to 2030, but an eight-year collaboration that started in 2023 and is reportedly valued at about $30 million (A$45.7 million) annually is expected to begin.

However, considering Farley’s dissatisfaction with the purported lack of progress in Red Bull’s investigation, that contract might come under examination.

The Ford CEO, Farley, requested explanations and expressed optimism for “a resolution we can all stand behind” in a letter to Red Bull that was seen by AP.

Farley stated, “As we have previously indicated, Ford’s values are non-negotiable without satisfactory response.”

It is essential that our racing partners uphold these same principles and show a sincere dedication to them. I’m available at any time to talk about this with my team.

“We are still hopeful and adamant about finding a solution that unites us all.”

Eleven days before delivering the letter, Farley had asked for further information about Red Bull’s probe. He also mentioned that the automakers are becoming “increasingly frustrated” with the “lack of resolution or clear indication from you about when you anticipate a fair and just resolution of this matter.”

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