Red Bull's Christian Horner supports Liberty

Red Bull's Horner supports Liberty
© SilverHub
Christian Horner says that he supports Formula 1's new owners Liberty Media.

Christian Horner has said that he supports Formula 1's new owners Liberty Media.

Top teams Ferrari and Mercedes are publicly unhappy with the new era, decrying a drop in revenue and threatening to quit over planned rule changes for 2021.

With the drop in income this year, Auto Motor und Sport reports that Liberty has offered to make up the shortfall by the way of interest free loans.

Horner, the Red Bull boss, says that he supports Liberty Media.

"Bernie [Ecclestone] was a one man show and irreplaceable," he said. "It was logical that eventually we would have new owners who invest in the sport. I don't see anything bad about that.

"Hopefully we will see the dividends, but that won't be until 2019-2021."

Red Bull ended the 2017 championship firmly in third place.

Nico Rosberg of Germany and Mercedes GP leads Sebastian Vettel of Germany and Ferrari and Lewis Hamilton of Great Britain and Mercedes GP into the first corner during the Spanish Formula One Grand Prix at Circuit de Catalunya on May 10, 2015
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