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| Name | What Adrian Newey is looking for in new Ferrari F1 professional path & reasons for leaving Red Bull |
| Video Uploader | Video From ScuderiaFans |
| Upload Date | This Video Uploaded At 15-06-2024 13:50:59 |
| Video Discription | British media outlets are confident: renowned car designer Adrian Newey has signed with Scuderia Ferrari. This major talking point in the Formula 1 community seems to be settled, as Business F1 Magazine reports that Newey has officially agreed to join the Italian team. The agreement, prepared by Irish lawyer Dermot O'Rourke just before the Miami Grand Prix, was signed in the presence of Ferrari's top management and Newey's manager, Eddie Jordan. The contract, valued at $105 million, will bind the aerodynamics expert to Ferrari until 2027, with an additional $5 million commission for Jordan. However, those anticipating an official announcement will need to be patient, as Newey has resigned from Red Bull, triggering some contractual formalities. Newey submitted his resignation from Red Bull on Tuesday, April 30, and is currently on "gardening leave," which can last up to eight months under English law. Details are emerging about the contract that tied Newey to the Milton Keynes team, including termination clauses he negotiated directly with Red Bull founder Dietrich Mateschitz before his passing. The resignation process was managed by Red Bull Sport's headquarters in Austria, overseen by Mateschitz's son. This provided significant leverage for the Austrian side of the team to pressure Christian Horner amid an investigation into Newey's conduct. Newey agreed to a non-denigration pact with Horner, ensuring he would face no resistance in his future plans. Cornered, Horner had no option but to accept the "gentlemen's agreement," which, in truth, appears to lack the gentlemanly spirit. The Austrian faction's retaliation against Horner's ambitions could backfire dramatically. While a capable team has been built around Newey's innovative ideas, his departure is a significant blow to those who have collaborated closely with him for years. His exit from Red Bull, where he contributed to 13 world titles, has sparked intense speculation about his future direction. OUTLINE: 00:00:00 Adrian Newey Joins Ferrari 00:00:17 Contract Details 00:00:37 Manager's Commission 00:00:44 Resignation from Red Bull 00:00:54 Gardening Leave 00:01:11 Contract Termination Clauses 00:01:43 Non-Denigration Agreement 00:04:35 A great asset for Scuderia Ferrari 00:06:24 Adrian Newey's view 🚨 Subscribe for more videos about Ferrari ✍🏼 OUR LINKS ● WEBSITE ► https://scuderiafans.com/ ● INSTAGRAM ► https://www.instagram.com/scuderiafans/ ● FACEBOOK ► https://www.facebook.com/ScuderiaFansF1 ● TWITTER ► https://twitter.com/ScuderiaFansF1 Make sure to join us on https://scuderiafans.com/, the website dedicated to the iconic Ferrari F1 team. Here, you'll discover a treasure trove of the latest news, in-depth information, and insightful analysis about Ferrari's thrilling journey in the world of Formula 1 and you can share your F1 passion with other Tifosi! Forza Ferrari! From race updates to behind-the-scenes stories, we've got it all covered. Whether you're a die-hard Scuderia Ferrari fan or simply passionate about Formula 1, our website is your go-to source for all things Ferrari. #ScuderiaFans #ForzaFerrari #ScuderiaFerrari #essereFerrari #Ferrari #Scuderia #PrancingHorse #F1 #Formula1 #motorsport #FormulaOne #race #racing #Charles16 #CL16 #CharlesLeclerc #TeamLeclerc #Leclerc #Carlos55 #CS55 #CarlosSainz #TeamSainz #Sainz #Vasseur #SF24 #Newey #AdrianNewey |
| Category | Sports |
| Tags | Scuderia Ferrari | Ferrari | Formula 1 | F1 | Charles Leclerc | Leclerc | Carlos Sainz | Sainz | SF-24 | SF24 | Frederic Vasseur | Vasseur | Fred Vasseur | 2024 Formula 1 season | Red Bull | Red Bull F1 | Red Bull Racing | Max Verstappen | Verstappen | McLaren | McLaren F1 | Lando Norris | Norris | Oscar Piastri | Piastri | race | racing | motorsport | Newey | Adrian Newey | Horner | Christian Horner |
