Posts Tagged ‘Formula 1 Team’
Red Bull Racing (RBR) is a Formula 1 team owned by Austrian beverage company Red Bull. Red Bull bought the team Jaguar Racing for about $ 110 million when the team’s parent company, Ford Motor Company, announced its withdrawal from the pinnacle of motorsport. Toro Rosso (“Red Bull” translated into Italian) is a second Formula 1 team, which also belongs to the brand of energy drinks.
The team’s origins date back to the team created by Jackie Stewart , Stewart Grand Prix, he played his first races in 1997. The team was bought by Ford and ran under the Jaguar name during the 2000 season of Formula 1. Despite the youth of the equipment compared to other manufacturers such as Ferrari and McLaren, it was considered a very successful start, a race won in 1999 . Despite the numerous technical and administrative changes (which included the hiring of high profile personalities such as Bobby Rahal and Niki Lauda), and the failed attempt to lure the designer Adrian Newey, the team never again reached the achievements of the era Stewart. Read the rest of this entry »
Confirmed the rumor of the weekend . Capital has acquired Thesan José Ramón Carabante most of the capital of Hispania Investment Group, principal shareholder of Hispania Racing Team, so the investor group backed by Japan’s Nomura Bank becomes the sole shareholder of the licensed Spanish team Formula 1.
Despite the change of hands, HRT is safe in a statement on its website that Thesan Capital will maintain your current and the current leadership, ” which is one of the main assets of the company, from which will develop and seek opportunities optimization and improved performance of the team in future seasons as well as a progressive organization Hispanization and final settlement of the team in Spain, “it seems that the family will continue to lead Carabante.
Also, the investment group considers ” the acquisition of Hispania Racing as an opportunity to enter a sector with high growth prospects, will work to strengthen the strategic management group . “
