• Toro Rosso news

Toro Rosso sale rumours rumble on

ESPNF1 Staff
September 30, 2010 « Heidfeld confident he will stay in F1 next year | »
The sale rumours continue to rumble around © Getty Images
Related Links

Speculation that Red Bull mogul Dietrich Mateschitz wants to sell Toro Rosso, his second Formula One outfit.

A Swiss newspaper reported last week the Austrian billionaire might be able to triple his money, after buying Minardi from Paul Stoddart in 2006 for $40 million. But other reports indicate the value of the team could be under what he paid.

"There are ongoing rumours, but currently we have no plans to sell Toro Rosso," said Mateschitz's personal assistant.

Italian newspapers have identified several potential buyers, including Villeneuve/Durango, a group from the Far East, and Carlos Slim, the wealthiest person in the world. But the Mexican Slim, with a net worth of more than $60 billion, is thought keener to buy into Sauber, with his interest in Toro Rosso perhaps just a negotiating ploy.