GPX.it Forum

9 February 2006 12:35
GERHARD BERGER JOINS SCUDERIA TORO ROSSO

It was announced today that Scuderia Toro Rosso has a new 50% partner, effective immediately: half the shares of the Italian Formula One team have been taken over by Gerhard Berger's motorsport company.
The 46-year-old Tyrolean is contributing his entire personal knowledge and experience of Formula One, accumulated over two decades, to the fledgling racing team. In addition 50% of the shares of Berger's shipping company are also changing hands: they will be transferred to Red Bull. The new joint shipping company will be involved as appropriate when assigning worldwide logistics contracts for freight and transport.
Gerhard Berger will be personally involved in the activities of Scuderia Toro Rosso and be available in an advisory capacity with regard to Red Bull's overall Formula One engagement.
These mutual partnerships are based on the strong longstanding relationship between Gerhard Berger and Dietrich Mateschitz.
Commenting on the deal Gerhard Berger said, "Three birds with one stone! The involvement of a company like Red Bull is an important milestone for the Berger shipping company and for its successful future development. On the other hand, I am aware that my Formula One know-how is very much valued by Red Bull in general and by the Italian Toro Rosso team in particular. Last but not least I'm looking forward to not only continuing to have a great time with Dietrich Mateschitz, but also to being able to implement serious and visionary business developments together in the future."
"I have known and admired Gerhard for twenty years," commented Dietrich Mateschitz. "I am particularly pleased that we will now be able to take advantage of the synergies that undoubtedly exist between us also for joint business activities."