Belgium

Last Race: 23rd August Belgium

Belgium GP Results
Pos Driver
1 Lewis Hamilton
2 Nico Rosberg
3 Romain Grosjean
Italy

Next Race: 06th September Italy

HRT up for sale

2012-11-12 20:34:00

 RSS

Share:

HRT up for sale

The owners of HRT have confirmed that they are in talks with potential investors about selling the team...

The owners of HRT have confirmed that they are in talks with potential investors about selling the team.


Investment group Thesan Capital are looking to offload their shares in the team just 16 months after buying a controlling stake in the Spanish outfit from Jose Ramon Carabante.

"The current owners of HRT Formula 1 Team would like to confirm that they are currently in talks with a number of groups interested in buying the team," read a statement on the team's official website.

"HRT Formula 1 Team's current management hopes to conclude the sale in the upcoming weeks and, with it, enable the team to continue progressing.

"HRT Formula 1 Team hopes to communicate the name of its new owner in the upcoming weeks.

"We believe the moment to let new investors come through for HRT Formula 1 Team has arrived.

"We're very proud of the work done by the entire team and of the excellent sporting evolution achieved, but the time has come for the team to continue growing with new financial backing.

"We're convinced that the sporting potential of the team is huge and that the presence of new investors can give it a big boost."

HRT - formerly known as Campos Meta 1 and Hispania Racing - entered Formula One in 2010 but have yet to score a point.

The sun shines down on the driver parade

Editor's Picks

Top Ten Ferrari Drivers

Top Ten Ferrari Drivers

Sebastian Vettel wants to book his place amongst the great drivers who have raced for Ferrari. But just who is the greatest...

Conclusions From Belgian GP

Conclusions From Belgian GP

Seb's tyre tirade, the 'nut job' cracks it, Paul Hembery's uncanny resemblance to David Brent and more...

Forum: Good For A Laugh

Forum: Good For A Laugh

Nico Rosberg laughed off number two claims; the Forum laughed at him laughing it off...

Good Race, Bad Race: Belgium

Good Race, Bad Race: Belgium

Romain Grosjean comes full circle, Pirelli's image suffers a blow-out and more in Good Race, Bad Race...

PF1 Fantasy Racing

PF1 Fantasy Racing

Are you a Ross Brawn or a Paul Stoddart? Can you manage money like Bernie or Caterham? Let's find out...