Team boss Christian Horner has backed away from speculation that Red Bull’s future in formula one could be limited to just three more years.
It was reported last week that Dietrich Mateschitz, the energy drink company’s owner and billionaire mogul, might consider retiring at the age of sixty five.
He is currently sixty two.
Horner agreed that Austrian Mateschitz is ‘heavily involved’ in Red Bull’s business activities, but rejected the three year timeline even though the Milton Keynes based team struggled with the RB2 car in 2006.
“His commitment to formula one is for at least the next five years, which is the length of the new Concorde or FOM agreement, so I think in the short term, it certainly won’t have any affect on our plans or aspirations,” Horner said.