Ex-team boss Berger says F1 too expensive
21 January, 2011
Jan.21 (GMM) Gerhard Berger has for now ruled out returning to the F1 pitlane as a team owner.
After retiring as a veteran driver and winner of ten grands prix in 1997, the Austrian served as BMW’s joint motor sport director until 2003.
He came back to the pitwall once again in 2006, having bought half of Toro Rosso from his friend Dietrich Mateschitz, but he sold the share back to Red Bull at the end of 2008.
Nevertheless he oversaw the Red Bull brand’s first win in F1 when Sebatien Vettel sensationally won the 2008 Italian GP driving for the Berger managed Toro Rosso team.
Asked if he is considering a return to team ownership any time soon, 51-year-old said: “With the conditions in formula one today, there is not the opportunity.”
“I can’t afford it,” Berger told Germany’s Auto Motor und Sport.
“The sport has become too expensive and you can’t find the money that you need to do a good job on the open market.”