Scuderia Toro Rosso, commonly known as Toro Rosso or by its abbreviation STR, is an Italian Formula One racing team. It is one of two F1 teams owned by Austrian beverage company Red Bull, the other being Red Bull Racing. It made its racing debut in the 2006 Formula One season, after Paul Stoddart sold his remaining interest in the Minardi team at the end of 2005 to Red Bull's owner, Dietrich Mateschitz. Scuderia Toro Rosso has the aim of developing the skills of promising young drivers and successfully fighting in the front part of the midfield. Since 2010, the team competed as a 'true constructor', independent of their sister team. The headquarters is located in Faenza (Italy) while the Aerodynamics and Concept department are located in Bicester (UK).