Minardi will be renamed Team Red Bull

Red Bull announces that the Minardi team will be renamed Team Red Bull in 2006.
Scuderia Toro Rosso (Italian for Red Bull Stable) is a Formula One racing team owned in a 50/50 partnership between the drinks company Red Bull and former F1 driver Gerhard Berger, and which made its racing debut in the 2006 Formula One season.
Scuderia Toro Rosso is the sister team of Red Bull Racing competing with the aim of developing the skills of promising drivers for their senior team.