Formula One news

Stoddart hands over the keys

Paul Stoddart completed the sale of Minardi to Red Bull at the team's Faenza factory on Monday. The move brings to an end Stoddart's five-year foray in Formula One and will see the Minardi name disappear from the sport after 21 years.

"It's all done, they own it - they didn't mess around," Stoddart told Reuters. "It's a very sad day and I really wish there was another solution."

"Regrettably the Minardi name will now disappear from the sport but I firmly believe the competitive spirit that has burned brightly within this team for the past 21 years will live on under its new owners," he added.

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  • Force India happy with practice
  • Toro Rossos going well at Spa
  • New parts working well for Williams
  • Honda struggling at Spa
  • Mixed day for Red Bull
  • Alonso tops second practice
  • McLaren to open office in US
  • Massa tops first free practice at Spa
  • Photos: Friday at Spa-Francorchamps
  • Vettel to test Red Bull this month
• 04 Sep.
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  • Raikkonen hopes for dry weekend
  • Photos: Thursday at Spa-Francorchamps
  • Coulthard: The engines make the difference
• 03 Sep.
  • Bridgestone going hard on Spa
  • Former Albers manager teams up with Doornbos
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  • Belgian Grand Prix technical preview
• 02 Sep.
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  • Button: Spa is just great!
  • Brawn hopes for mixed weather conditions
  • Toro Rosso invites Sato and Buemi for test
  • Glock hoping to score more points
  • Renault not giving up on fourth
  • Piquet determined to score at Spa
• 01 Sep.
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  • Trulli expects another strong weekend
  • Alonso determined to bounce back
  • Cregan to leave Toyota at end of season
  • Belgian Grand Prix snap shot
  • Mercedes boss expects tight end to season
• 31 Aug.
  • Alonso pleased with test progress
  • Honda still looking for Monza set up
• 30 Aug.
  • Force India eyes Honda after test progress
  • BMW boss wants both cars in the points

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