Scuderia Alpha Tauri Team Principal Franz Tost released the following statement on Wednesday ahead of the 2023 Formula One season-opening Bahrain Grand Prix to deny that the Italian team is for sale.

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 has to remain focused for the start of the season to perform better than last year.”

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