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During pre-season testing in Bahrain last week, German publication Auto Motor und Sport reported that the new Red Bull management structure – rejigged following the death of company founder Dietrich Mateschitz last year – was considering a sale of AlphaTauri.
This was supposedly related to dissatisfaction with the team’s new identity, the squad having been rebranded from Toro Rosso for 2020, failing to significantly boost the fashion brand’s following.
But Tost has activity sought clarification from Oliver Mintzlaff, the managing director of Red Bull GmbH, who has relayed that the immediate future of the team is secure.
AlphaTauri issued a brief statement on Wednesday quoting Tost, who said: “I had some very good meetings with Oliver Mintzlaff, who confirmed that the shareholders will not sell Scuderia AlphaTauri, and that Red Bull will continue supporting the team in the future.
“All these rumours have no foundation, and the team …