user icon
user icon

HRT sacks staff and seeks buyer to avoid closure

  • Published on 13 Nov 2012 08:26
  • comments 0
  • By: Rob Veenstra
HRT has revealed that it is pushing to sell the Spanish F1 team. Before the official confirmation, it was reported by Spain's El Confidencial on Monday that the struggling team had dismissed 32 employees, and needed a buyer before December to avoid closure.

HRT, owned by Thesan Capital since last July, swiftly confirmed that it is "in talks with a number of groups interested in buying the team". The media statement said Thesan wants to complete a deal within weeks, adding that "the time has come for the team to continue growing with new financial backing". The new owners would be HRT's fourth since the team's inception in 2009. (GMM)

Replies (0)

Login to reply

AT Grand Prix of Austria

Local time 

View more photos

AT Grand Prix of Austria

Local time 

View more photos

Related news

Give your opinion!

What should Mercedes' driver pairing in 2021 be?

World Championship standings 2020

Show full world champion standings

Team profile

  • comments 12,306 comments on HRT
  • star 0 members have this team as their favourite
  • vote Tweets about HRT
Show full profile

Formula 1 Calendar - 2020

Date
Grand Prix
Circuit
3 - Jul 5
Austria
See full schedule

Formula 1 Calendar - 2020

Date
Grand Prix & Circuit
3 - Jul 5
Austria Red Bull Ring
See full schedule
show sidebar