Rival F1 teams dealt blow as Red Bull CEO reportedly signs a new contract

Rival F1 teams dealt blow as Red Bull CEO reportedly signs a new contract

According to reports, Red Bull and Adrian Newey, the team’s chief designer, have reached an agreement on a contract extension. Newey has been with Red Bull since 2006 and has played a significant role in the team’s success, including four world titles with Sebastian Vettel from 2010-2013 and two current championships with Max Verstappen. Although details of the new contract have yet to be officially announced, Autosport reports that the 64-year-old engineer has “formally committed” to staying with the team. Red Bull team principal Christian Horner praised Newey’s extensive knowledge and experience, particularly in the upcoming launch of the company’s engine manufacturing division with Ford. Newey is widely regarded as one of the most successful designers in the history of Formula 1 and has previously worked for other title-winning teams, such as Williams and McLaren. The news will likely disappoint rivals such as Mercedes, Ferrari, and Aston Martin, who are trying to catch up to Red Bull’s sizable lead in this year’s constructors’ championship.

Ethan Mitchell is a sports enthusiast with a passion for analyzing and writing about various sports, including basketball, soccer, and tennis. He holds a degree in Sports Management and has been a sports journalist for over six years. When he's not busy covering games, you can find him playing pick-up basketball at his local park.

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