Toro Rosso’s parent owner, Red Bull, claims it has no plans to sell its junior F1 operation.

The Toro Rosso team is not for sale, Red Bull insists While the energy drinks company is pushing for its maiden Drivers’ and Constructors’ championship crowns with the front-running Red Bull Racing squad, its smaller Faenza-based outfits (bought and renamed from the Minardi team at the end of 2005) has been consigned to the lower midfield all season.

“It is and remains our rookie team,” Red Bull’s owner Dietrich Mateschitz clarified in an interview with Der Spiegel newspaper.

“We run our best young talents with this Formula 1 team,” he added.

But there have been calls for several years that Toro Rosso – whose sole purple patch in form culminated in Sebastian Vettel’s freak win at the rain-hit 2008 Italian Grand Prix – should be sold to the highest bidder.

“It doesn’t make any sense with the current regulations for Red Bull to own two teams,” said Mark Jenkins, a business strategy professor at Cranfield University told Bloomberg.

But Red Bull has reiterated that it has no “concrete” plans to sell the sister team.

And perhaps it would make sense not to, with the latest results from media research monitor Margaux Matrix showing that, with its four Red Bull-branded cars, the drinks giant has achieved over four hours of TV airtime to-date in 2010, while Ferrari has only managed a paltry 52 minutes…

[Original image via Sutton Images]

The following two tabs change content below.

Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.

Latest posts by Richard Bailey (see all)

Share