Home - The Official Formula 1 Website Skip to content

HRT in talks with potential buyers 12 Nov 2012

Pedro De La Rosa (ESP) HRT Formula One Team HRT F112.
Formula One World Championship, Rd18, Abu Dhabi Grand Prix, Practice, Yas Marina Circuit, Abu Dhabi, UAE, Friday, 2 November 2012 Narain Karthikeyan (IND) HRT Formula One Team HRT F112.
Formula One World Championship, Rd18, Abu Dhabi Grand Prix, Qualifying, Yas Marina Circuit, Abu Dhabi, UAE, Saturday, 3 November 2012 Pedro De La Rosa (ESP) HRT Formula One Team HRT F112.
Formula One World Championship, Rd14, Singapore Grand Prix, Practice, Marina Bay Street Circuit, Singapore, Friday, 21 September 2012

HRT are likely to change hands in the next few weeks, according to owners Thesan Capital, who confirmed on Monday that they in talks with several parties interested in purchasing the Spanish 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,” read a team statement.

HRT were one of three new teams to join the Formula One grid in 2010 and were taken over by investment firm Thesan last July. They moved into new headquarters in Madrid earlier this year and are currently 12th in the constructor standings, having finished 11th in their first two seasons.

"We believe the moment to let new investors come through for HRT Formula 1 Team has arrived,” added the team. “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.”

For tickets and travel to 2012 FORMULA 1 races, click here.
For FORMULA 1 and F1 team merchandise, click here.