Wait, What? Red Bull buys back full stake in Toro Rosso
We wish we could understand how Dietrich Mateschitz thinks, but we just can't. After years of sponsoring F1 teams, the Red Bull chief decides to buy one outright. That wasn't enough, so he buys a second one. Then he sells half of that team to former F1 driver (and fellow Austrian) Gerhard Berger. Then he says he wants to sell it off altogether, but instead he buys it back.
And so comes the announcement today that Mateschitz has re-acquired full stake in his B-squad, Scuderia Toro Rosso, which proved itself better than the A-squad by outperforming it all year and even winning a race. For next season, STR's wunderkind Sebastian Vettel is moving up to the Red Bull Racing main squad to replace the retired David Coulthard. The announcement for Sebastien Buemi to join STR in Vettel's seat is expected soon. Unless Mateschitz decides to buy something else.
[Source: Autosport]
Reader Comments (Page 1 of 1)
pmiddle5 6:15PM (11/25/2008)
Theres a storm a brewin
Reply
qchronod 6:19PM (11/25/2008)
It sounds like a name of a bad sitcom... 3 Sebastians and an Ozzie. Is there another up and coming Sebastian that they can replace Webber with in '10??
Reply
mark 11:13PM (11/25/2008)
Loeb, already tested, but for "fun" only.
hashiryu 12:48AM (11/26/2008)
:lol:
Nathan 6:43PM (11/25/2008)
As you do when you have a few billion and don't know what to do with it...
Reply
pmiddle5 7:26PM (11/25/2008)
Well owning 1.5 F1 teams apparently wasnt good enough
Richard 7:47PM (11/25/2008)
I am not sure it is legal for one owner to field two teams in F1.
Reply
thePeterN 10:34PM (11/25/2008)
Well Red Bull has the better drivers and STR has the better engines, so I suspect he bought STR back to put the good drivers into the better cars.
Reply