Why Red Bull thinks it isn’t “completely mad” to do its own F1 engine

For many teams, the possibilities of tying up with such a major car manufacturer would have been viewed as a critical step towards future results and finances. So losing that opportunity as talks got down to the nitty gritty would have triggered some intense panic and a ripping up of demands to try to get the big bosses back to the negotiating table.

But the stance from Red Bull is one of being quite relaxed about how things have turned out. It has been clear for…