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Red Bull Racing commits future to Milton Keynes

Red Bull Racing has committed its future to Milton Keynes and promised further investment.

Christian Horner, the team principal of Red Bull Racing said the company would "absolutely not" be moving to Austria where its parent company Red Bull is based.

Mr Horner added: "We're continuing to invest in Milton Keynes, to grow the facility and hopefully through what we do we've managed to put Milton Keynes a little bit on the map on the world stage."

Click below for the full interview with Christian Horner.

Milton Keynes benefits from the 'Red Bull effect'

The benefits of having a Formula One racing team based in your town will be highlighted at a special ceremony in Milton Keynes.

The Red Bull Racing Formula One team plays a vital role to the town.

As well as pumping millions into the local economy, it employs more than 500 people and attracts new investment to the town.

Later tonight the team which is based in Tilbrook will be awarded the Freedom of the Borough.

Click below to watch Russell Hookey's report.

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Mayor says town wants to 'recognise' Red Bull's achievements

The Mayor of Milton Keynes said the town wants to "recognise" the achievements of Red Bull Racing.

Brian White made the comments ahead of a special ceremony tonight, honouring Red Bull Racing with the Freedom of the Borough.

Mr White, Mayor of Milton Keynes, said: "We've always had a long history of motor sport in Milton Keynes, but Red Bull have been particularly successful over the last few years and we want to recognise that."

Click below to hear the mayor's comments.

Red Bull to get freedom of Milton Keynes

Red Bull at the Australian Grand Prix Credit: PA

Reigning Formula One world champions Red Bull will recieve yet another honour later tonight.

The team, which is based in Milton Keynes, will receive the Freedom of the town at a special ceremony tonight.

The prestigious award marks the tremendous success of the four time world champions.

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Formula One: Sebastian Vettel laments "absurd" double points proposal

Sebastian Vettel has expressed his disappointment at plans to award double points for the final race of the 2014 season. Credit: PA

Formula One world champion Sebastian Vettel has branded plans to award double points at the final race of the 2014 season as "absurd".

Sebastian Vettel celebrates winning last season's final race in Brazil. Credit: PA

Vettel who drives for the Red Bull Racing Team based in Milton Keynes said the idea would punish those who have worked hard for a whole season.

Under the proposals, the winner of next season's final race in Abu Dhabi would earn 50 points instead of the standard 25.

Team Principal Ross Brawn to leave Northamptonshire-based Mercedes

Ross Brawn is to step down from his position at Mercedes at the end of the year. Credit: PA

Northamptonshire-based Formula One team Mercedes have announced that Team Principal Ross Brawn is to step down.

As we reported last month, speculation had been mounting that Brawn was considering his position and it's now been revealed that he will leave at the end of the year.

Executive directors Toto Wolff and Paddy Lowe will now lead the team heading into the 2014 season, with Lewis Hamilton and Nico Rosberg confirmed as the team's drivers.

Speaking to the team's official website, Brawn said that the time was right to call time on his association with Mercedes:

"The most important consideration in my decision to step down from the role as Team Principal was to ensure that the timing was right for the team in order to ensure its future success.

"The succession planning process that we have implemented during this year means we are now ready to conduct the transition from my current responsibilities to a new leadership team composed of Toto (Wolff) and Paddy (Lowe).

“Mercedes-Benz has invested significantly in both the personnel and infrastructure at Brackley and Brixworth.

"Thanks to the one-team approach we have implemented between the two facilities, the team is uniquely positioned to succeed in 2014 and I am proud to have helped lay the foundations for that success."

Red Bull Team Principal reflects on yet another season of domination in F1

As the dust settles on another season of Formula One, our region can once again boast dominance when it comes to building the fastest cars in the sport.

After another good showing in Brazil at the weekend, Northamptonshire-based Mercedes finished second in this year's Constructors' Championship.

But the team out in front is undoubtedly Red Bull Racing, with four constructors' championships in a row, and the same number of drivers' championships for Sebastian Vettel.

Jim Rice has been to Red Bull's headquarters in Milton Keynes to meet Team Principal Christian Horner.

Click below to see Jim's full chat with Christian Horner

Mercedes refuse to comment on Brawn speculation

There is mounting speculation on Ross Brawn's future with Mercedes. Credit: PA

The Mercedes F1 team, based at Brackley in Northamptonshire, has refused to comment on speculation that Ross Brawn will step down from his position as team principal at the end of the season.

Brawn's had huge success in Formula One, winning the constructors and drivers Championships with his own team, Brawn GP in 2009.

The team was later bought out by Mercedes, but Brawn remained as team principal.

His future with Mercedes has been in doubt since the arrival of Paddy Lowe from Mclaren.

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