Formula One news

For sale: Scuderia Toro Rosso

Red Bull founder Dietrich Mateschitz has said that his second Formula 1 team, Scuderia Toro Rosso, has been put up for sale. Mateschitz wants to focus on his team Red Bull Raacing and as the Concorde Agreement won't allow customer cars from 2010 Toro Rosso will have to build the entire car themselves.

Speaking with Motorsport Aktuell Mateschitz revealed: "We have Toro Rosso on the market and are looking for the right person to purchase it. At the start of the 2010 Formula 1 season there will be a rule change that says we can not build both Red Bull Racing's car as well as the car for Scuderia Toro Rosso. That is why I believe we should continue with one team only."

Mateschitz furthermore revealed that it is not planning to sell the team in 2008 already, but before the start of the 2010 Formula One season.

There are already a handful of candidates being speculated as possible buyers. Among them Nicolas Todt, son of Jean Todt and manager of Felipe Massa. But also A1GP chairman Tony Teixeira is being mentioned as a possible buyer.

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