Visa Cash App RB CEO Peter Bayer has downplayed concerns that his team’s close relationship with Red Bull wi𝓀ll give them an unfair competitive advantage in 2024.

RB launched their 2024 F1 challenger la𓆏st weekend, showing clear similarities to th🔯e dominant Red Bull RB19 from 2023.

McL🧸aren CEO Zak Brown has been vocal in RB’s close alliance with Red Bull, calling for significant regulation changes to stop there being a “conflict of interest”.

He said: "I think the A-B team ꦛis a real problem moving forward. I think co-ownership, you don't really have that in any other sport, and I think that provides a lot of conflict of interest.

“So now that we have a budget cap we need to be really a sport of total fairness and I think any time you have an entity that owns two teams, or an A and B re🅠lationship, I think it really starts to compromise the integrity of sporting f♋airness.

“That's som꧟ething that really needs to be tackled.”

Bayer ha෴s hit back at Brown, and a⛎ny other critics.

“One of the first t🎉hings you learn in Formula 1 is that the easiest way to be🍰come unpopular is to be successful,” he told RacingNews365.

“As long as you’re last, people will not even realise you're there. 𓆉As soon as you start knocking on the door, they will throw everything at you that they can.

“I’m coming from the FIA and 🐻I k꧃now how much scrutiny there is on all of the teams.

“Certainly, there is even more scrutiny when it comes to the teams working closer together𝐆. The rules are very clear.

“You migh🃏t have seen the statement of the FIA, when they looked at our car, [they said] ‘this is a different con🌼cept’. There is nothing that concerns us.”