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Shockwaves in F1: Rival Teams Lure Red Bull Talent with Double Salary Offers Amid Budget Struggles
Helmut Marko 'astonished' as competing F1 teams propose to 'double' the salaries of Red Bull employees
"The budget cap always poses a challenge for us, as there are financial constraints."
Helmut Marko has confessed to being taken aback by the remarkable proposals rival Formula 1 teams are presenting in an attempt to lure away Red Bull's leading staff members.
In 2024, Red Bull will see the departure of two crucial team members to competitor squads.
Starting next year, Adrian Newey will lead Aston Martin's technical team, and by 2025, Jonathan Wheatley will take on the role of team principal for Audi's Formula 1 team.
Newey's exit appears to have aligned with a dip in Red Bull's performance, as McLaren has taken the lead in the F1 constructors' championship, with six races remaining.
In a conversation with ORF, Marko disclosed that various teams have proposed to "double" the salaries of certain Red Bull members as an attempt to recruit them.
"Marko highlighted that when you consistently triumph for three consecutive years and exhibit dominance in 2023, it's natural for other teams to desire your team members."
"This is a fundamental aspect of Formula 1. What catches my attention are the sums involved. We constantly face challenges due to the budget cap, as there are financial constraints.
"Yet, these workers receive offers that are twice as much, if not more, than what we provide, and they are promised roles superior to those they hold here."
"This signifies that it's impossible to retain everyone, regardless of the duration, as seen with Adrian Newey's tenure of 17 years. When it comes to Jonathan Wheatley, his term extends to about 19 years."
"They contributed to the team, played a role in its achievements, and it's painful when they leave.
"However, it boils down to monetary aspects and promising career prospects. Without offering equivalent benefits, the situation remains unchanged and this is simply the usual course of events."
Marko acknowledged that the passing of Red Bull's creator, Dietrich Mateschitz, has led to a shift in strategy from the top executives.
He also believes this influenced Newey's decision to depart.
"He further mentioned that, naturally, the passing of Dietrich Mateschitz has led to transformations."
He embodied the essence of an authoritarian leader, making swift decisions. As a captivating business magnate, he possessed a distinct vision and was not afraid to gamble. Currently, the structure within the company is undergoing comprehensive changes, rendering it challenging to locate an individual similar to Mateschitz.
"Hence, it's impossible to substitute him with a single individual. This likely influenced Newey's decision to embark on a fresh journey."
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