June 21st, 2002

Milk Carton

Minardi saved?

The Minardi team have announced that they will be joined at this weekend's European Grand Prix by a new commercial partner. The Quadriga Group, founded in Austria by Christian Baha, is one of the most successful global hedge fund managers.

It is Quadriga's first involvement in Formula One™ racing and Minardi boss Paul Stoddart is enthusiastic about the potential of the new partnership. "Quadriga already have a strong presence in their home market, but the Minardi team will help to establish the brand name in South East Asia," he said in a press release.

"These are both young companies driven by ambition to succeed and a desire to do things a little differently from the competition. We look forward to carrying Quadriga's distinctive green and white 'bull' logo on our cars and to tasting joint success in the future."

Minardi are currently enjoying their most successful season of recent years, lying joint eighth in the constructors' championship with two points.
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