The best answer is basically “it was a different time back then”. You can look into the history of Minardi and the Red Bull purchase if you like, but it wasn’t seen as a problem at the time. They wouldn’t be allowed to were it to happen now I’m pretty sure, but they’ve kind of been grandfathered in at this point.
Very similar situation yeah. The Red Bull purchase of Minardi was at a time when finances were vastly different, Formula 1 was a one-way ticket to losses and everyone were mostly just happy to have the team stay on the grid and not dissolve.
It was financially different because FOM refused to establish a cost cap. So instead of introducing a solution that would allow Minardi to not only stay alive but to compete on an equal playing field, they fed them to the deep pockets of Mateschitz.
The best answer is basically “it was a different time back then”. You can look into the history of Minardi and the Red Bull purchase if you like, but it wasn’t seen as a problem at the time. They wouldn’t be allowed to were it to happen now I’m pretty sure, but they’ve kind of been grandfathered in at this point.
Exactly, and similar to the Ferrari bonus pay, it’s just become difficult to address at this point, so everyone kind of accepts it.
Very similar situation yeah. The Red Bull purchase of Minardi was at a time when finances were vastly different, Formula 1 was a one-way ticket to losses and everyone were mostly just happy to have the team stay on the grid and not dissolve.
It was financially different because FOM refused to establish a cost cap. So instead of introducing a solution that would allow Minardi to not only stay alive but to compete on an equal playing field, they fed them to the deep pockets of Mateschitz.
Capitalism!