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Toro Rosso to be sold ahead of 2010 season 18 Mar 2008

Scuderia Toro Rosso STR02 nose  cone.
Australian Grand Prix, Rd 1, Qualifying Day, Albert Park, Melbourne, Australia, Saturday, 15 March 2008 Sebastian Vettel (GER) Scuderia Toro Rosso STR02.
Australian Grand Prix, Rd 1, Qualifying Day, Albert Park, Melbourne, Australia, Saturday, 15 March 2008

Red Bull chief Dietrich Mateschitz confirmed on Tuesday that the Toro Rosso team has been put up for sale. Mateschitz and co-owner Gerhard Berger hope a buyer for Red Bull’s ‘junior’ squad will be in place by the end of next season.

“It is not a big secret that we have put Toro Rosso on the market,” Mateschitz told Motorsport Aktuell. “For the start of 2010 there will be a rule change and there will be no more synergy regarding design and construction of cars between Red Bull Racing and Scuderia Toro Rosso.

“I see the necessity that we continue with one team only for 2010 but we will not sell Toro Rosso during 2008. We will only sell the team if it is put into safe hands. But it will be before 2010.”

Red Bull bought Minardi in 2005 and relaunched it as Toro Rosso for the 2006 season.