2005 By Goldwing Honda In Jersey New Owner Sale

The Scuderia Toro Rosso Formula 1 team has been put up for sale by owners Dietrich Mateschitz and Gerhard Berger. Mateschitz is the founder of the Red Bull energy drink company and owns the Red Bull Racing Formula 1 team. For the past two seasons he has used Toro Rosso as a training ground for young drivers.

The reason for the proposed sale is a change to the rules regarding customer cars, due to come into effect in 2010. Toro Rosso has relied heavily on its parent Red Bull team for designs and technology. Under the new rules this will not be allowed. Teams will have to operate as independent constructors. Despite the Toro Rosso cars being manufactured by a company called Red Bull Technologies, as opposed to Red Bull Racing, it is not enough to meet the new guidelines.