Faenza (Italy), Dec 24: In a statement from Minardi, principal Paul Stoddart said the team hopes to nurture Baumgartner's "considerable ability."
The announcement came after the Hungarian government said Monday it would spend US$4 million to support Baumgartner's participation in next year's championship.
Baumgartner's management will be responsible for raising an equal amount of money from private sponsorship.


Bureau Report