Throw-away tipped drill bit

A drill bit having a longitudinal central rotational axis, comprising a shank made of steel and a throw-away insert forming a drill bit tip, and means for mounting said throw-away insert to a forward end of said steel shank, said mounting means comprising holding portions arranged symmetrically to said central rotational axis, means for enabling at least one of said holding portions to elastically yield radially relative to said central rotational axis for holding said throw-away insert with a frictional force fit in an axial direction, said steel shank comprising two axially extending shank sections contacting said throw-away insert for taking up torque moments, whereby said throw-away insert is elastically held in a self-grip manner without any screws.