Red Bull to buy Yates team?

UPDATE "Robert Yates did contact us awhile back to see if we were interested in talking with him about purchasing his building or his teams. We weren't – so the conversation ended there. We're committed to building our team from scratch and making our cars competitive. We don't have plans to buy anyone else's team." Red Bull VP of Competition, Guenther Steiner statement

10/11/07 Team Red Bull has approached Robert Yates Racing about purchasing its racing and chassis manufacturing shops in Mooresville, N.C. The offer comes in the heels of Yates' announcement that it wants to move to Concord, N.C., to a shop currently occupied by Boris Said's No Fear team (next to Roush Fenway) to expedite their sharing of technology in 2008. Yates will use Roush-built chassis next season. Red Bull is in dire need of more space. It gets engines from Toyota Racing Development and buys chassis, but wants to start departments in both areas. Buying Yates' facilities would give them the room to do that. Sports Illustrated