Steiner Calls for F1 Ownership Shake-Up: Proposes Ban on Multiple Team Ownership to Maintain Fair Play

Guenther Steiner calls for a change in F1 regulations: "Ownership of multiple teams should be prohibited"

"The concern over potential team orders among teams is an issue that cannot be ignored"

Guenther Steiner believes that Formula 1 should implement a regulation to stop a single individual from owning multiple teams.

Nevertheless, he agrees that a regulation needs to be implemented gradually.

Steiner, who previously served at Red Bull before taking up the role of team principal at Haas, suggests a regulation change that would significantly impact his former team the most.

Red Bull's affiliate team, RB, also competes in F1, a circumstance that has annoyed several of their competitors.

"According to Steiner, who spoke on the Red Flags podcast, having two teams under one owner is not suitable for a sport such as Formula 1."

"There's always a lingering doubt that teams might be coordinating orders among themselves."

"It seems we must acknowledge Red Bull's actions back then. I was part of the process when they acquired Minardi."

Formula 1 was facing challenges. Minardi was in a tough spot and would have disappeared without a hero stepping in.

Formula 1 has significantly evolved from its earlier times.

"Looking ahead, it's possible that rules could be implemented to prevent ownership of multiple teams."

"In football, this action is prohibited everywhere."

Steiner cautions that the circumstances won't transform instantly.

"He emphasized that it doesn't need to be as extreme as what was stipulated in the Concorde Agreement."

The contribution of Red Bull to F1, transforming it into what we see today, is truly remarkable.

Ultimately, you can't dictate how they manage their teams.

"However, moving forward, it's essential to contemplate preventive measures. What strategies can we employ to circumvent this issue?"

Debate emerged in Singapore after Daniel Ricciardo of RB secured the bonus point for the fastest lap towards the end of the race.

He deprived Lando Norris of McLaren of the extra point that could prove to be pivotal in the fight for the drivers' championship later on.

RB effectively supported their sister team Red Bull's leading driver, Max Verstappen, in his pursuit of the F1 championship by limiting Norris's ability to score points.

"Steiner mentioned, 'Had it not been for the fact that Visa Cash App shares an owner, such doubts would never have arisen.'"

"Many would have claimed it was Daniel Ricciardo's final moment of glory."

"Suppose Sauber completed the final lap. Would there have been any concern? Certainly not."

"The issue arises due to the shared ownership."

Under Steiner's guidance, Haas operated as a client team for Ferrari.

However, Steiner emphasizes that the fact they were owned by different individuals is a key point.

"The landscape has evolved. Previously, as a client group, you were at the mercy of your vendor's demands," he stated.

"No one was able to make a definitive statement since all the agreements were managed by the FIA. It wasn't possible for anyone to insist on delaying this vehicle."

"However, when you are under the same corporate umbrella, the narrative changes. There's a unique tier of partnership involved."

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