Red Bull confirms AlphaTauri F1 team will not be sold
Red Bull confirms AlphaTauri F1 team staying put despite previous talks of sale or relocation.
AlphaTauri, Red Bull’s second Formula 1 team, has been confirmed to not be up for sale by Red Bull.
According to a report by the German publication Auto Motor und Sport over the weekend, there were discussions within Red Bull’s senior management about the possibility of selling or relocating AlphaTauri from its current location in Faenza, Italy to Red Bull’s primary motorsport campus in Milton Keynes, UK.
AlphaTauri team principal Franz Tost has stated that after discussions with Red Bull’s managing director Oliver Mintzlaff, the possibility of selling AlphaTauri has been definitively dismissed. Therefore, it seems that the first option of selling the team has been ruled out.
Tost stated, “Oliver Mintzlaff and I had some very productive meetings, and he confirmed that the shareholders have no intention of selling Scuderia AlphaTauri. Additionally, Red Bull has committed to supporting the team moving forward.”
Tost has further commented that the rumors regarding the possible sale or relocation of AlphaTauri have no basis and the team should concentrate on performing better in the upcoming season than the previous year.
Last November, Tost had also mentioned to The Race that AlphaTauri’s future is secure in the medium-term following the death of Red Bull founder Dietrich Mateschitz.
Even though AlphaTauri’s base is in Italy, the team already has an aerodynamic department office in Bicester and utilizes the Red Bull wind tunnel located in Bedford.
There are certain complications with the current arrangement between the two Red Bull teams, such as less than optimal synergy due to the fact that AlphaTauri saves money by manufacturing certain components themselves. This is because it is cheaper for them to produce these parts than to purchase all of Red Bull Racing’s components at a higher nominated fee, which is mandated in the rules.
Red Bull has owned AlphaTauri since the end of 2005 when it acquired the former Minardi team, which it subsequently rebranded from Toro Rosso to AlphaTauri in 2020. The acquisition of the team was part of Red Bull’s strategy to create a secondary F1 squad that would serve as a stepping stone to its senior team for its rising pool of junior drivers.
Despite being the second-string team and not a regular frontrunner, AlphaTauri has managed to secure two grand prix wins, both at Monza. Sebastian Vettel won the Italian Grand Prix for the team in 2008, and Pierre Gasly repeated the feat in 2020.
However, the previous season was one of AlphaTauri’s worst, and the team slipped back to ninth in the constructors’ championship.
AlphaTauri F1 not sold AlphaTauri F1 not sold AlphaTauri F1 not sold
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