![Scuderia AlphaTauri team principal Franz Tost (Photo by Chris Graythen/Getty Images)](https://uploads-sportbusiness.imgix.net/uploads/sites/3/2023/03/GettyImages-1437523851-1.jpg?auto=compress,format&crop=faces,entropy,edges&fit=crop&w=620&h=355)
Franz Tost, team principal at Formula 1’s Scuderia AlphaTauri, has dismissed reports that energy drinks company Red Bull is looking to sell the team, while XMTrading has agreed a deal to sponsor the team ahead of the start of the new season.
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