MILTON KEYNES, England (AP) ? Red Bull is committed to preventing a financial "arms race" in Formula One despite the reigning constructors' champion quitting the teams' association in a dispute over cost reductions.
Ferrari and Sauber also have withdrawn from the Formula One Teams Association within the last week after failing to agree on a resource restriction agreement.
Red Bull team principal Christian Horner says FOTA has become "less effective and more fractured in the way we should move forward.Read more on NewsOK.com
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