Ultimate Motorsport in talks with Mateschitz for STR shares 

Written by David on June 10th, 2008 at 2:11 pmLast Update: June 10th, 2008 at 2:12 pm

Scuderia Toro RossoAccording to reports, Ultimate Motorsport, a British based racing team that competes in the International British Formula 3 Championship, along with Sonangol, an Angolan oil company, would be in talks with Toro Rosso co-owner Dietrich Mateschitz for buying his already up for sale shares, in the Faenza based team.

“We are in negotiations so I can’t reveal too much about it until everything is final,” Barry Walsh, Ultimate Motorsport team owner told Autosport. “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,” Walsh added.

“If our plans go the right way, I’d like to think we could be on the grid for 2009. The aim is to have the whole structure, with the academy from karting, through Formula Three and the World Series, and Formula One at the top,” he concluded.

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