	{"id":95130,"date":"2024-03-01T04:36:00","date_gmt":"2024-02-29T17:36:00","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bendigotimes\/?p=95130"},"modified":"2024-03-01T04:36:00","modified_gmt":"2024-02-29T17:36:00","slug":"why-red-bulls-ridiculous-ownership-needs-to-end-asap","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bendigotimes\/news\/why-red-bulls-ridiculous-ownership-needs-to-end-asap\/","title":{"rendered":"Why Red Bull&#8217;s \u2018ridiculous\u2019 ownership needs to end ASAP"},"content":{"rendered":"<p>IS it time for Red Bull to sell their secondary F1 team?<\/p>\n<p><p>Formula 1 expert Cam van den Dungen said he believes it is \u201cridiculous\u201d for them to still have it in 2024.<\/p>\n<p><p>While Red Bull is currently in a period of dominance, they remain the only team in control of two different constructors, owning the Visa Cash App RB team [formerly known as AlphaTauri and before that Toro Rosso].<\/p>\n<p><p>While van den Dungen is grateful to Red Bull for their investment in Formula 1 during tough times, he feels the sport is strong enough now to not have this awkward pairing.<\/p>\n<p><p>\u201cRed Bull needs to sell Visa Cash App RB as soon as possible,\u201d he told SEN\u2019s Grid Walk.<\/p>\n<p><p>\u201cFormula 1 is not supposed to have junior teams. It can have some technical alignments, but the same parent owns two teams.<\/p>\n<p><p>\u201cNow, for lots of different reasons that occurred and it\u2019s within the regulations right now. What I am saying is that there is supposed to be intent of the rule. There shouldn\u2019t be junior team relationships in F1.<\/p>\n<p><p>\u201cI\u2019ll be honest, it\u2019s ridiculous that in this current day and age that it has been allowed to continue for so long.<\/p>\n<p><p>\u201cLet\u2019s look at how it came about. We should genuinely thank Red Bull for what they did for the sport. Go back to the end of 2005 when Minardi basically sold because it was on its knees to the Red Bull family.<\/p>\n<p><p>\u201cThey held Formula 1 together during the Global Financial Crisis, but those days are gone now.<\/p>\n<p><p>\u201cThe sport is now arguably the best sport in the world when it comes to attendance, average viewer age and financial clout, so it is time to move on.<\/p>\n<p><p>\u201cThe sport is not only survived the downturns, but has thrived and under Liberty Media it is in a new era.<\/p>\n<p><p>\u201cIt is time for the rules to be tightened up and the intent to be enforced and they need to sell the team.<\/p>\n<p><p>\u201cThey need to move away from having two teams in one top-tier championship, like every other sport in the world.\u201d<\/p>\n<p><p>Daniel Ricciardo and Yuki Tsunoda will drive for Visa Cash App RB in 2024.<\/p>\n<p><p>Since Red Bull took control of the team at the end of 2005, the team has never finished higher than 6th in the constructors. They finished eighth last season.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IS it time for Red Bull to sell their secondary F1 team? Formula 1 expert Cam van den Dungen said he believes it is \u201cridiculous\u201d for them to still have it in 2024. While Red Bull is currently in a period of dominance, they remain the only team in control of two different constructors, owning [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/news\/why-red-bulls-ridiculous-ownership-needs-to-end-asap\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":199,"featured_media":95131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"post_folder":[],"class_list":["post-95130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why Red Bull&#039;s \u2018ridiculous\u2019 ownership needs to end ASAP - Bendigo Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/news\/why-red-bulls-ridiculous-ownership-needs-to-end-asap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Red Bull&#039;s \u2018ridiculous\u2019 ownership needs to end ASAP - Bendigo Times\" \/>\n<meta property=\"og:description\" content=\"IS it time for Red Bull to sell their secondary F1 team? Formula 1 expert Cam van den Dungen said he believes it is \u201cridiculous\u201d for them to still have it in 2024. 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