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New team principal for Squadra Toro Rosso 01 Nov 2005

Franz Tost, 2006 Manager of Squadra Toro Rosso Formula One World Championship, Rd19, Chinese Grand Prix, Race, Shanghai, China, 16 October 2005. World ©  Sutton

Red Bull have announced that Franz Tost will take on the role of team principal of Squadra Toro Rosso, formerly Minardi, from January 1, 2006.

The 49-year old Austrian, who has been Track Operations Manager at BMW Motorsport since June 2000, has a wealth of motor racing experience, which includes competing as a driver in Formula Ford and Formula 3.

"In my six years at BMW I learnt a lot, especially on the technical side and for this I want to thank BMW,” said Tost of his latest career move. “My appointment as Team Principal at Squadra Toro Rosso offers a great new challenge that I am looking forward to taking on."

Dietrich Mateschitz, owner and CEO of Red Bull, was very pleased to announce the appointment: "Franz is a very experienced Formula One insider, who fits well within our new team," he said.

After studying Sport Science and Management, Tost’s motorsport career started as a team manager at the Walter Lechner Racing School. Stints as team manager to the Eufra and Vienna-Racing teams followed prior to joining Willi Weber Management in 1993, to run the WTS Formula 3 team. Tost then looked after Ralf Schumacher's career in Japan, following him to Formula One and then moving to BMW Motorsport.

The Red Bull company will look after the day to day running of Squadra Toro Rosso until Tost’s arrival in January.