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Nov
12th

F1: HRT Spanish Formula 1 team up for sale

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From HRT

The current owners of HRT Formula 1 Team, Thesan Capital II S.a.r.l., would like to confirm that they are currently in talks with a number of groups interested in buying the team.

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 and become a reference in modern-day Formula 1 after the important achievements already accomplished in this 2012 season.

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

F1 HRT
Photo: HRT F1 Team

According to the HRT Formula 1 Team management, "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 was originally created for the 2010 season by ex-Formula 1 driver Adrian Campos to enter as Campos Meta. But it changed owners before the start of the season and became Hispania Racing Team, and it was sold again to be renamed HRT.


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