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Last Updated: Sunday, 11 September 2005, 10:06 GMT 11:06 UK
Stoddart hoping to remain in F1
Minardi boss Paul Stoddart
Minardi team boss Paul Stoddart says he hopes he will remain in Formula One after agreeing to sell his team to Red Bull for next season.

Red Bull take charge of the team from 1 November and will use it to develop their young drivers, but Stoddart said he wanted to still play a part.

"I don't think I'm finished in this paddock, I'll miss it too much. I think you'll see a bit more of me," he said.

"Whether I stay on as a consultant has yet to be decided, but probably not."

Australian Stoddart has been a high-profile figure in the sport since buying the Italian-based team in 2000.

With Eddie Jordan and Peter Sauber having sold up and left the sport, Stoddart was the last privateer team chief, and he said that the way the sport's finances were going, there was no room for their like any more.

"Small privateer teams are probably phasing themselves out," he said.

"It's hard to imagine a truly privateer team can break into F1 again."




SEE ALSO
Irvine in talks over Minardi sale
02 Sep 05 |  Formula One
Liuzzi given one-race extension
25 May 05 |  Formula One
Red Bull deny Coulthard exit talk
22 Apr 05 |  Formula One
Coulthard thrills Red Bull boss
06 Mar 05 |  Formula One
Red Bull realistic on 2005 hopes
07 Feb 05 |  Formula One


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