Red Bull mogul Dietrich Mateschitz has hosed down speculation that his homeland, Austria, could make a return to hosting a Formula 1 Grand Prix in the future.
The billionaire drinks tycoon has purchased and rebuilt the partially-demolished A1-Ring – a circuit played host to Formula 1 Grands Prix between 1997 and 2003 – which will make its return to the international motorsport stage by hosting a DTM series race this year. The renamed the circuit the ‘Red Bull Ring’ has also gained official FIA sign-off by safety delegate Charlie Whiting.
But despite the loss of Bahrain from the sport’s calendar, coupled with Australia’s questionable commitment to remain in the sport as a race host, Mateschitz has denied suggestions that this could improve the Zeltweg-based circuit’s prospects of making a return to the Formula 1 stage.
“The probability of F1 returning to Spielberg is more than minor,” he told the APA news agency.
[Original image via F1 Fanatic]