Oct.27 (GMM) Christian Horner insists he is "very comfortable" with Red Bull's stance regarding costs in formula one.

It is believed the energy drink-owned team, the reigning back-to-back world champions and the favourite to win again with Sebastian Vettel in 2012, is the sport's biggest spender.

"Red Bull spends about 250 million per season," Williams' Toto Wolff is quoted by El Confidencial.

He said the Dietrich Mateschitz-owned team is refusing to accept the Resource Restriction Agreement (RRA); a gentleman's pact aimed at cutting costs in several areas.

"If he accepted the RRA, Mr Mateschitz would save a hundred million euros," Wolff said. "Though without their unlimited spending model they would not have the same advantage."

Red Bull team boss Horner, however, insisted: "I feel very comfortable with our position.

"We have been very consistent regarding resource constraints, and if that disturbs others, then that's their problem, not ours," he insisted.

Latest F1 News - Mobile version

26 Feb: New Ferrari not quickest in field - Domenicali 26 Feb: Red Bull still best in 2013 - Tost 26 Feb: 2014 French grand prix 'possible' - Prost 26 Feb: Danica Patrick 'not interested' in F1 switch 26 Feb: Report - Gilles Simon working on F1 engine for Honda 26 Feb: Gutierrez plays down link to Carlos Slim 26 Feb: Caterham exhaust 'legal' insists van der Garde 26 Feb: McLaren replaces Mercedes-bound Lowe 25 Feb: 'Engine maps' trouble for Red Bull, Lotus - report 25 Feb: Mercedes-bound Lowe to miss 2013 opener - report 25 Feb: Mercedes 'in group of teams' behind Red Bull - Lauda 25 Feb: Gutierrez expects Hulkenberg to beat him early in 2013 25 Feb: New Ferrari 'much better' than 2012 - Massa 25 Feb: Teams 'will adapt' to new tyre situation - Gutierrez 25 Feb: Tight rules make today's F1 cars 'the same' - Forghieri 25 Feb: Williams removes controversial exhaust trick 25 Feb: Contract 'conflicts' cause of Marussia test snub - Razia 25 Feb: Lotus to fight Red Bull for title - Gutierrez 25 Feb: Marussia 'ahead of Caterham' - Chilton 25 Feb: Sutil will not stay in F1 as test driver The latest F1 News - Mobile Version

F1 News  F1 Schedule  F1 Line-up  Constructors' Championship  Drivers' Championship  F1 Tickets  Live F1 Coverage

Full Version: Formula 1 News  Formula 1 Schedule  Formula 1 Line-up  Constructors' Championship  Drivers' Championship  Live F1 Coverage  10 'n' Pole  F1 Regulations  The Forums  Motorsport Shop  F1 Merchandise  F1 Tickets  F1 Diecast  F1 Videos  F1 Games