Thursday 23 June 2011
Boss eager to keep Red Bull going
Red Bull Racing Team's general manager Jay Frye is optimistic about the prospects of keeping the team afloat after the energy drinks giant announced it is pulling the plug on its Sprint Cup team at the end of the season. Frye is currently seeking investors that can help secure the future of the 150-plus employee outfit, which will continue to be backed by Red Bull until the end of the 2011 season. Frye pointed at a "business decision" from Red Bull as the cause for the move, without any specific situation prompting it
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