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Gerhard Berger Sells His Shares Of Toro Rosso

Joy Ryder - Friday 28.11.08, 14:02pm

Gerhard Berger

Gerhard Berger

Former Formula One driver Gerhard Berger, has confirmed that he will no longer be a share holder at the Scuderia Toro Rosso team after Red Bull’s decision to sell the sister team.

Berger aquired 50% of Toro Rosso in a business deal in February 2006 but has now sold the shares back to the Red Bull team.

He said in a report to an Austrian newspaper that he had thoughts of pulling out when Dietrich Mateschitz, the boss of Red Bull, had talked of selling the team because of the changes in regulations for the coming season.

He confirmed that he would have been more than happy to continue with the team but could not fund the project by himself without the support of Red Bull.

The 49-year-old Austrian, made his debut into Formula One in 1984 with the ATS team and has not ruled out returning to the F1 paddock in the future.

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Tags: Dietrich Mateschitz · Gerhard Berger · Red Bull Racing · Toro Rosso


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