Hot News
for your iPhone
for your iPad
Go to our forums to discuss this news
DATE News (chronologically)
Berger out at Toro Rosso
Subject to approval by competition authorities, Red Bull will again take over the 50% share  of  the  Formula  1  Team  Toro  Rosso  that  has  been  owned  by  Berger Motorsport  since  2006.  The  two  friends  Dietrich  Mateschitz  and  Gerhard  Berger have led their joint motorsports project, which emerged from the former Minardi Team, to its greatest success to date. The first win in the team's 25 year history was celebrated at the Italian Grand Prix together with Sebastian Vettel, one of the Red  Bull  Driver  Search  Program's  biggest  talents.  In  the  Formula  1  World Constructors' Championship, the Scuderia Toro Rosso achieved sixth (6) place in this year's season.

Before Red Bull took over Minardi, the team regularly held the role of "bringing up the rear"  on  the  Formula  1  track.  The  team  had  to  be  radically  overhauled  to  fulfill  the expectations of the new owners. As part of this reconstruction, the assignment of 50% of the  shares  to  Berger  Motorsport  was  necessary.  With  this  transfer,  Gerhard  Berger brought  all  his  Formula  1  knowledge  and  connections  into  the  partnership  in  order  to help further develop Toro Rosso.

"I am very happy that I can support Didi - who has committed himself to Formula 1 with so much dedication - with the reorganization of the team and in this process to make use of my knowledge so effectively", said Gerhard Berger.

Didi Mateschitz agrees: "I'm very grateful to Gerhard for his enormous input. Together we have made Toro Rosso a team which, from 2008 onwards, will regularly qualify for the Top Ten and collect Championship Points".

From  the  beginning,  Red  Bull  was  responsible  for  the  financial  and  technical development  of  the  Team,  whereas  Gerhard  Berger  focused  on  steering  the  athletic side.

"A 100% financing of a joint project by one partner can only make sense, to my mind, at an initial stage", Gerhard Berger emphasized. "This stage is over now. That's why Red Bull will take over the shares again".

"Red Bull will now run Toro Rosso alone on this basis, as well as remaining a partner of Berger Logistik", added Didi Mateschitz.

Hot News Archives
2000 2001 2002 2003

Search Hot News
Search Help
AutoRacing1 Inc. BBB Business Review