Today, at the Spa-Francorchamps circuit, an
agreement was reached whereby, from 1st November 2005, Austria’s Red Bull GmbH will take over all the company shares of the
Minardi Formula 1 team and will be responsible for running the team. Red Bull will therefore run two Formula 1 teams from the start
of the 2006 season onwards.
The second team will be positioned as a “Rookie Team” and this and the current Red Bull Racing
will operate independently of one another and compete against one another on the track.
At the moment, no decisions have been
taken as regards the name of the team, its management nor its drivers.
