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Former formula one team owner Paul Stoddart sold Minardi for around the (US)$75 million mark. Melbourne's 'The Age' newspaper interviewed the locally-born entrepreneur as he prepares to launch the new business class 'OzJet' airline with a maiden Melbourne-Sydney flight next week.
Stoddart, 50, reportedly told the Australian publication that he made 'quite a healthy profit' by selling Faenza based Minardi to the Red Bull drink company. "The sales proceeds form a large part of the US$73.7 million he can draw on to get OzJet into the air," the newspaper article said.
The maiden 'OzJet' flight takes off on November 29.
| Paul Stoddart news | |
|---|---|
| 07 Apr. | Stoddart hits out at Mosley |
| 11 Mar. | Stoddart: Proposed time schedule won't help Aussie Grand Prix |
| 25 Nov. '05 | New rules killed Minardi |
| 01 Nov. '05 | Stoddart hands over the keys |
| 28 Oct. '05 | Paul Stoddart sad to see Minardi go |
| 27 Oct. '05 | Bernie didn't buy Minardi |
| More Paul Stoddart news, Photos | |
| Minardi news | |
| 31 Jan. '06 | Minardi returns to racing |
| 19 Dec. '05 | Minardi founder leaves team |
| 24 Nov. '05 | Stoddart drives last ever lap for Minardi |
| 24 Nov. '05 | Photos - Minardi's final Formula 1 test |
| 23 Nov. '05 | Katherine Legge impressively quick at Vallelunga |
| 23 Nov. '05 | Photos - Katherine Legge Minardi test |
| More Minardi news, Photos | |
| Diecast models 1:18 | |
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