laughtersassassin
Full Member
- Joined
- Jun 12, 2014
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- 11,870
I don’t know why, but somehow that would make it even more funny. I’m not sure it’s about not being tied down so much as it is avoiding plenty of tax.
Oh yeah for sure but it's standard practice in engineering. It's not at F1 thing. And I'm sure Newey has been employed by Red Bull like this way since long long before there was ever a cap. It's not something set up to try subvert it as in fact it has zero benefit from a cost cap point of view but it does have a a negative effect if this rumour is in fact true.
Essentially it would means Red Bull went over on the semantics that the FIA don't consider Newey an "employee". Although I actually doubt this rumour is true or atleast not in how it's being described.
Top engineers almost always set themselves up as contractors/consultants.
Otherwise you leave money and opportunities on the table.
I'm sure other teams will have similar with their engineers but if it's not a top 3 employee then it's irrelevant as only those are exempt.