Thursday, March 24, 2011

Vettel signed the deal with Out Clause

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F1 World Champion signed the deal to stay at Red Bull till 2014 but with an out clause

If Red Bull fail to deliver him a competitive car, then he could backpacking to any other team most probably to Ferrari as he always speak off.

Red Bull owner Dietrich Mateschitz says he is confident that the team will satisfy Vettel's ambitions but added that he would allow him to switch teams if it fell off the pace.

Mateschitz said he hoped the new contract would end speculation that Vettel would move on to Ferrari but the key clause means rumours about Vettel's immediate future will persist.

The Austrian billionaire told that the deal was done "so that he can feel secure at least for a while'', but also to put to an end the 'hunt' of the other teams that often came "close to the boundary of reasonableness''.

"If we cannot give Sebastian Vettel what he needs and he asks us, despite his contract - to let him go, I can not imagine that we would not agree.''

Mateschitz was also quoted as saying that the exit clause was a "formality but is hardly necessary.''

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