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AlphaTauri issue statement about Red Bull future

AlphaTauri boss Franz Tost has responded to rumours that Red Bull could be looking to sell AlphaTauri.

De Vries Bahrain testday 2
To news overview © XPBimages

AlphaTauri boss Franz Tost says rumours that Red Bull could be looking to sell its second Formula 1 team "have no foundation."

Following the death of Red Bull founder Dietrich Mateschitz in October, there have been suggestions that the wider Red Bull group could look to sell AlphaTauri - previously Toro Rosso.

During F1 pre-season testing, there were claims that the team had been given two choices: relocate to England from Faenza or be sold, most likely to an outfit wanting to join the grid.

However, Tost has rejected that that is the situation, indicating it is business as usual as the 2023 season approaches with the Bahrain Grand Prix this weekend.

Tost statement on AlphaTauri

Following Mateschitz's death, his roles were split into three new CEOs - with Oliver Mintzlaff assuming control of corporate projects and investments, with F1 falling under his remit.

In his statement, Tost revealed talks with the former RB Leipzig football CEO.

"I had some very good meetings with Oliver Mintzlaff, who confirmed that the shareholders will not sell Scuderia AlphaTauri, and that Red Bull will continue supporting the team in the future," Tost explained in a statement.

"All these rumours have no foundation, and the team has to remain focused for the start of the season to perform better than last year."

AlphaTauri slipped to ninth in the 2022 standings, and will start '23 with a new driver pairing of Yuki Tsunoda and rookie Nyck de Vries following Pierre Gasly's departure to Alpine.

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