redbull

On the back of its early-season results, the Red Bull team has further livened up the paddock with the introduction of its new high-rise motorhome, which was the venue of a free-for-all European season opening party on Thursday night at Imola.

Red Bull boss Dietrich Mateschitz has decided to end his interest in refurbishing Austria's A1-Ring circuit in an attempt to bring Formula One back to his homeland, claiming that his plans for the venue have been thwarted by the authorities.

Austrian drinks company Red Bull has confirmed that it is the new owner of the Jaguar Racing team, pre-empting a press conference called for this morning [Monday] in London.

Kevin Kalkhoven and Gerald Forsythe, co-owners of the Champ Car World Series and heads of the PKV and Forsythe Championship Racing Champ Car teams, have been unveiled as the new owners of Cosworth at a press conference in London.