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Newey salary concerns Ferrari and Verstappen saving Red Bull – RacingNews365 Review

Check out the biggest stories of the day with the RacingNews365 Review!

Newey Silverstone
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To news overview © XPBimages

Ferrari has reportedly cooled its interest in ex-Red Bull chief technical officer Adrian Newey, with his financial demands being too high.

According to BBC Sport, Ferrari CEO Benedetto Vigna is reluctant to meet Newey's salary demands and is concerned that the 65-year-old could change the way the Maranello-based outfit operates. 

READ MORE: Ferrari raise Newey financial concerns - report

'Exceptional' Verstappen saving 'struggling' Red Bull

In a RacingNews365 exclusive, Formula E CEO Jeff Dodds has hailed Max Verstappen as an "exceptional racing talent", who is keeping a "struggling" Red Bull on top.

Verstappen leads the drivers' championship by 84 points despite Red Bull having been caught by McLaren and Mercedes in competitiveness. 

READ MORE: 'Exceptional' Verstappen saving 'struggling' Red Bull

			© XPBimages
	© XPBimages

Haas sign long-term deal with F1 power unit supplier

Haas has announced that it will continue its long-term F1 technical partnership with Ferrari through the 2028 season.

The American-based team entered F1 in 2016 as a Ferrari customer and, as permitted by the rules at the time, took most components of its car from the Scuderia, which proved controversial in some quarters. 

READ MORE: Haas sign long-term deal with F1 power unit supplier

Horner reveals 'multi-team' fight to sign senior F1 figure

Christian Horner has revealed that every F1 power unit manufacturer was trying to sign Andy Cowell before he joined Aston Martin.

Former director of Mercedes High Performance Powertrains (HPP) Cowell is to join Aston Martin as Group CEO in October, replacing Martin Whitmarsh, who is standing down.

READ MORE: Horner reveals 'multi-team' fight to sign senior F1 figure

			© Red Bull Content Pool
	© Red Bull Content Pool

Marko delivers damning F1 driver market claim

Red Bull motorsport advisor Helmut Marko has delivered a damning verdict on the current state of play of F1's driver market.

Marko has long been a keen promoter of young talent, with Max Verstappen, Carlos Sainz, Yuki Tsunoda, Pierre Gasly, Alex Albon all currently on the grid after being given their F1 debuts by the Red Bull junior programme. Daniel Ricciardo started at HRT before being swiftly promoted. 

READ MORE: Marko delivers damning F1 driver market claim

How Mercedes found 'joy' in years of F1 struggles

Mercedes' process of fixing the problems that have plagued its F1 cars since 2022 is "more fun" than winning championships, reckons Andrew Shovlin.

Since the ground effects rules were introduced in 2022, Mercedes has struggled to be consistently competitive, going winless in 2023 for the first time since 2011, although a recent up-turn in form has allowed both George Russell and Lewis Hamilton to scoop victories, in Austria and Britain, respectively. 

READ MORE: How Mercedes found 'joy' in years of F1 struggles

Also interesting:

In the latest episode of the RacingNews365 podcast, Ian and Nick look ahead to this weekend's Hungarian GP and who the favourites are for victory! Sergio Perez's future and the drivers who could potentially replace him are also discussed.

Rather watch than listen to the podcast? Click here.

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