AlphaTauri team principal Franz Tost has announced that the Formula One team will not be sold despite reports suggesting the contrary.
The Italian team, previously known as Toro Rosso, first raced in 2006 after Red Bull purchased Minardi just a year after entering the sport themselves.
Since then they have acted as a feeder team of sorts to the main Red Bull outfit, handing many promising young drivers their debut and F1 experience before they progress to the front of the grid.
Some of their notable former drivers include Sebastian Vettel, Max Verstappen, Daniel Ricciardo and Carlos Sainz Jr.
However, ahead of the 2023 season, which starts this weekend with the Bahrain Grand Prix, speculation was rife that the team were up for sale.
These rumours began following the death of Red Bull founder and owner Dietrich Mateschitz in October last year, with some reports suggesting that the organisation’s new CEO Oliver Mintzlaff could scale back their involvement in F1.
But …