Ultimate move for Toro Rosso?
F3 outfit negotiating to buy Red Bull boss's stake
Last updated: 11th June 2008
British Formula Three team Ultimate Motorsport are in talks about acquiring a stake in Toro Rosso, according to autosport.com.
Toro Rosso, formerly Minardi, are co-owned by Red Bull energy drink billionaire Dietrich Mateschitz and former grand prix driver Gerhard Berger.
Mateschitz announced in March that his stake in the Ferrari-powered team is up for sale.
Sources have claimed that Ultimate Motorsport's talks about putting together a serious offer are at an advanced stage.
"We are in negotiations so I can't reveal too much about it until everything is final," Ultimate team principal Barry Walsh said.
"We always set out with Formula One as the target.
"I would only have got involved in the project in the first place if I was confident we could take it all the way to F1, that is the aim.
"If our plans go the right way, I'd like to think we could be on the grid for 2009."
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