The HRT F1 Team has been put up for sale by its current owners Thesan Capital.
The Spanish investment company revealed that they are looking for potential buyers for the team. Thesan took over the squad in July 2011 and helped them move in to their new base in Madrid.
HRT currently lie 12th in the constructors standings, and last. Like the other "new" teams, Marussia and Caterham, they are yet to score a point.
A statement from Thesan Capital said "The current owners of HRT Formula 1 Team, TC II S.a.rl., 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.
"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."
Whether new owners can help turn the team around is unclear, but for now HRT's future looks slightly more uncertain.
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| (c) HRT F1 Team |
HRT currently lie 12th in the constructors standings, and last. Like the other "new" teams, Marussia and Caterham, they are yet to score a point.
A statement from Thesan Capital said "The current owners of HRT Formula 1 Team, TC II S.a.rl., 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.
"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."
Whether new owners can help turn the team around is unclear, but for now HRT's future looks slightly more uncertain.
1 comment:
Again... they'd already been sold once before their first race! This must be the 10th time!
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