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Red Bull to put AlphaTauri Formula 1 for sale: Reports

Reports of possibly putting AlphaTauri on sale have been made even before the death of Red Bull co-founder Dietrich Mateschitz in 2022.

Updated - 25 Feb 2023 09:42 PM

alpha tauri

Uncertainty looms over the future of the AlphaTauri Formula 1 team as Red Bull reportedly either wants to relocate it to the UK or sell their sister team. Reports of possibly putting AlphaTauri on sale have been made even before the death of Red Bull co-founder Dietrich Mateschitz in 2022.


This development was reported by Auto Motor and Sport which stated that Red Bull management is in talks about whether to continue the team under its umbrella by relocating it to the UK allowing it to function closely with Red Bull Racing or sell it. AlphaTauri is reportedly under observation because of its current financial pressures. 


AlphaTauri costs more money than Red Bull while being a far less successful team. Hence the management group is pushed to put more money into the team. Their current model with headquarters in Faenza, Italy, and the aerodynamics team in Bicester, England has been inefficient so far. 


Moreover, Red Bull racing hasn’t managed to use its second team to the fullest causing further financial burden. Further, the team’s performance is set to also be a massive factor in this decision taken by Red Bull management. 


Addressing the possible suitors for Alphatuari, names of three teams have come forward. Reportedly,  Andretti Motorsport owned by former F1 Champ Mario Andretti, Hitech GP and the Indian outfit Mumbai Racing, owned by Mumbai Falcons Racing Team are said to have expressed interest in the team.


Hitech is the favourite thanks to its existing connection between the Silverstone-based team and Red Bull.  Over the last few years, several Red Bull junior drivers like Liam Lawson and Juri Vips have driven for their Formula 2 team. In 2023, Red Bull junior driver Isack Hadjar also will join the F2 team. 


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Red Bull to put AlphaTauri Formula 1 for sale: Reports

Reports of possibly putting AlphaTauri on sale have been made even before the death of Red Bull co-founder Dietrich Mateschitz in 2022.

Updated - 25 Feb 2023 09:42 PM

alpha tauri

Uncertainty looms over the future of the AlphaTauri Formula 1 team as Red Bull reportedly either wants to relocate it to the UK or sell their sister team. Reports of possibly putting AlphaTauri on sale have been made even before the death of Red Bull co-founder Dietrich Mateschitz in 2022.


This development was reported by Auto Motor and Sport which stated that Red Bull management is in talks about whether to continue the team under its umbrella by relocating it to the UK allowing it to function closely with Red Bull Racing or sell it. AlphaTauri is reportedly under observation because of its current financial pressures. 


AlphaTauri costs more money than Red Bull while being a far less successful team. Hence the management group is pushed to put more money into the team. Their current model with headquarters in Faenza, Italy, and the aerodynamics team in Bicester, England has been inefficient so far. 


Moreover, Red Bull racing hasn’t managed to use its second team to the fullest causing further financial burden. Further, the team’s performance is set to also be a massive factor in this decision taken by Red Bull management. 


Addressing the possible suitors for Alphatuari, names of three teams have come forward. Reportedly,  Andretti Motorsport owned by former F1 Champ Mario Andretti, Hitech GP and the Indian outfit Mumbai Racing, owned by Mumbai Falcons Racing Team are said to have expressed interest in the team.


Hitech is the favourite thanks to its existing connection between the Silverstone-based team and Red Bull.  Over the last few years, several Red Bull junior drivers like Liam Lawson and Juri Vips have driven for their Formula 2 team. In 2023, Red Bull junior driver Isack Hadjar also will join the F2 team. 


Download SportsTiger app for the latest sports news and updates

Have a great day with top stories in the world of sports

Join our Family Today!

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