Toro Rosso team put up for sale

March 18, 2008

Autosport.com is reporting that Scuderia Toro Rosso have been put up for sale, with joint owner Dietrich Mateschitz wanting a new buyer to be in place by the end of next season.

The Italian outfit have been surrounded by speculation for months that Mateschitz and fellow shareholder Gerhard Berger were looking at selling the team - although each time this was denied by those involved.

However, with the new Concorde Agreement meaning that customer cars will be outlawed from the start of 2010, Mateschitz has said there is no way he can continue operating his junior team.

Posted in Toro Rosso