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Red Bull hopes to become first team to rely entirely on sponsors
Red Bull Racing is fast becoming the first Formula 1 team to rely entirely on sponsorship money. The Austrian team has now collected 34 sponsors and commercial director Nick Stocker claims that this means the team is almost there already. Article continues under ad Jaguar's team was disbanded at the end of 2004. Parent company Ford saw that the team was struggling to bring in good results and due to budget cuts, the Formula 1 team had to be scrapped. Red Bull bought out the racing team and from 2005 the team has been unmissable on the grid. The energy drink manufacturer is the team's biggest backer, but in recent years there have been a host of brands that have linked up with the Austrian...
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1y ago from GPBlog.com
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