P1racenews AI automatic summary:
The 80 year-old Austrian has reportedly signed a new contract at Red Bull, which automatically ensures that he will be active in the Formula 1 paddock for at least another three years.
Red Bull Racing Advisor, Helmut Marko, is set to extend his contract with the team for the next three years, continuing his important role within the team. Marko, who is considered a figurehead of Red Bull Racing’s success, recently announced that he will be back in the F1 paddock in 2024. It has now been confirmed that Marko has signed a new contract, ensuring his presence with Red Bull for the next three seasons. This is good news for the team, which dominated the 2023 season with 21 wins out of 22 races. Marko’s retention is also crucial for promoting talent through the junior ranks and supporting Max Verstappen in his quest for another world title.