- Red Bull news
Toro Rosso not for sale - Mateschitz
Red Bull boss Dietrich Mateschitz insists his Formula One teams are not for sale, although he would consider taking on a partner in Toro Rosso.
There was speculation earlier this month that Toro Rosso would be sold to the Abu Dhabi-based International Petroleum Investment Company (IPIC), and while its brand CEPSA has appeared as sponsorship on the cars, Mateschitz says there are no plans to sell.
"No," he told the Independent when asked if it is for sale, "although partnerships would not be ruled out, as long as the partner is the right one."
With the senior Red Bull team on the verge of its second championship success in as many years, Mateschitz said he has no plans to sell a stake in that either, but added: "A forecast is difficult and a decision always depends on the wider picture, the politics, influence of F1 shareholders and many other factors".
And he does not think it is likely Red Bull will take on a title sponsor - like Vodafone is to McLaren - as it is "difficult to find one due to the strength of the Red Bull brand".
He added: "The return on investment [for Red Bull] is the marketing value, which depends on the race performance and results."
© ESPN Sports Media Ltd.
- Latest
- Most Viewed
- News
- Features
-
Poker
Michael Ruane's anonymity was nice while it lasted
Michael Ruane has lived most of his life in poker obscurity, exactly how he wanted it. But those days are gone now that he's in the November Nine.
-
Poker
WSOP: 50-year-old Cliff Josephy highlights 2016 November Nine
Two-time World Series of Poker bracelet-winner Cliff Josephy is the chip leader of the 2016 WSOP main event, which reached its final table Monday.
-
Poker
Vojtech Ruzicka takes top stack into Day 7 of 2016 WSOP main event
Vojtech Ruzicka leads with 27 players left in the 2016 WSOP main event, with 50-year-old and two-time bracelet-winner Cliff Josephy just behind him.
-
Poker
WSOP: On the brink on Day 6 of the main event
Players near the bottom of the chip counts on Day 6 of the WSOP main event have a paradox -- they're still in, but their chances of advancing are slim.
-
Poker
WSOP: Jerry Wong holds lead with 80 left after Day 5 of main event
Jerry Wong is one of three players with at least 10 million chips going into Day 6 of the 2016 WSOP main event, but it's a tight race up top.
-
Rugby
Leadership key if young Blues are to succeed in Super Rugby
The Blues have the talent and an excellent coach in Tana Umaga, but they'll need strong leadership if they're to succeed in Super Rugby -- Craig Dowd writes.
-
Rugby
Punters rushing to back Jaguares for Super Rugby title
Clear outsiders before naming their squad, the Jaguares sat at $251 to take the title; but with the naming of 23 Pumas stars in their squad, they are now one of the most favoured teams.
-
Rugby
Greg Growden: Expanded Super Rugby a convoluted mess
Super Rugby enters its 21st season this week, but there is no reason to party as expansion has made the competition woefully lopsided, Greg Growden writes.
-
Rugby
Eddie Jones - Behind the iron mask of England's coach
Eddie Jones is set to shake up England, but how did an Aussie youngster who grew up loving cricket morph into the hardened leader the rugby world knows today?
-
Rugby
The wild and winding road that led John Mitchell to coach USA Eagles
We take a look back through John Mitchell's coaching career, beginning with that stint in charge of the All Blacks.
- News
- Features
Sponsored Links
- Make Huge Income from your Home
Download your Free Guide And Learn How To Increase Your Monthly Income
