(GMM) Paul Stoddart has lodged an FIA entry to re-launch the 'Minardi' team in 2008, the Australian entrepreneur said in Melbourne on Tuesday.
At an event with his two-seater F1 cars outside of the city, 50-year-old Stoddart - who sold his Faenza based team of the same name to Red Bull last year - suggested that he would run the new team from his Ledbury (England) factory, with a 2004-specification car.
''We're entered as European Minardi F1 Team,'' he confirmed, ''and I think it would be good to bring the name back and great for the sport to get some characters back in there.''
The rights to the 2005 Minardi racer, presumably, were transferred to Red Bull, the energy drink that has renamed Minardi 'Scuderia Toro Rosso'.
Stoddart, clearly holding out for Max Mosley's lower-cost future, explained that he would not be guaranteed one of the maximum of 12 garage slots.
But he continued: ''If the prices do go down to this reputed $100m, then we'd be positively dangerous -- we'd no longer be just destroyed by these billion dollar budgets.''
Written: Tue, 28 Mar 2006 19:13:27
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