Vital Login
Social Login

Other Sites

Network Navigation

Vital Partners

'If It's F1, It's Vital'

Formula One team for sale

Interested in purchasing a Formula One team? Well you best be quick.

The Spanish investment company Thesan Capital who purchased the HRT team 16 months ago have put the team up for sale.

The team recently moved to new headquarters in Madrid, which was supposedly a big step for the team, although on track improvements have been minimal thus far.

If the team is sold, it will be the fourth change in ownership since the team [originally named Hispania] joined Formula One in 2010.

So interested in taking on the team which has been modelled as Spain's national team in Formula One and boast the driver qualities of Spain's Pedro de la Rosa and India's Narain Karthikeyan? Well there's no time to waste as Thesan Capital have already held talks over the possible sale.

'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,' a team statement as quoted by Sky Sports.

'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.

'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.









Join Vital F1

It's easy to join up and join in on VitalF1.com, simply click the link and enjoy getting involved!

If you are already a member of Vital Football, your logins will automatically work on VitalF1.com!

The Journalist

Writer: Red5 Mail feedback, articles or suggestions

Date:Tuesday November 13 2012

Time: 10:00AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Vital F1 Articles

Ferrari to take another step forward (Wednesday April 22 2015)

Ferrari to keep Kimi waiting (Tuesday April 21 2015)

Blog: Bahrain GP Report (Monday April 20 2015)

2015 - Bahrain GP - Race (Sunday April 19 2015)

Blog: Sakhir Qualifying (Saturday April 18 2015)

2015 - Bahrain GP - Qualifying (Saturday April 18 2015)

2015 - Bahrain GP - FP3 (Saturday April 18 2015)

2015 - Bahrain GP - FP2 (Friday April 17 2015)

2015 - Bahrain GP - FP1 (Friday April 17 2015)

Rosberg hits reset button (Thursday April 16 2015)

Blog: Sakhir Preview (Thursday April 16 2015)

Merc set for team-orders? (Wednesday April 15 2015)

Ferrari can win the title says Kimi (Wednesday April 15 2015)

Who will win in Bahrain? (Tuesday April 14 2015)

Blog: Chinese GP Report (Sunday April 12 2015)

2015 - China GP - Race (Sunday April 12 2015)

Blog: Shanghai Qualifying (Saturday April 11 2015)

2015 - China GP - Qualifying (Saturday April 11 2015)

2015 - China GP - FP3 (Saturday April 11 2015)

2015 - China GP - FP2 (Friday April 10 2015)

2015 - China GP - FP1 (Friday April 10 2015)

Blog: Shanghai Preview (Wednesday April 8 2015)

Points will flow for Lotus? (Tuesday April 7 2015)

Who will win in China? (Tuesday April 7 2015)

Manor Marussia on track to recovery (Thursday April 2 2015)

Audio: Post Malaysia (Wednesday April 1 2015)

All options open for Renault (Tuesday March 31 2015)

Blog: Malaysian GP Report (Monday March 30 2015)

2015 - Mal GP - Race (Sunday March 29 2015)

Blog: Sepang Qualifying (Saturday March 28 2015)

2015 - Mal GP - Qualifying (Saturday March 28 2015)

2015 - Mal GP - FP3 (Saturday March 28 2015)

2015 - Mal GP - FP2 (Friday March 27 2015)

2015 - Mal GP - FP1 (Friday March 27 2015)

Bottas to avoid surgery (Thursday March 26 2015)

Alonso clears up mystery crash (Thursday March 26 2015)

Alonso and Bottas cleared to drive (Thursday March 26 2015)

Blog: Sepang Preview (Wednesday March 25 2015)

New Hamilton deal all but agreed (Wednesday March 25 2015)

Bottas hopeful of return (Tuesday March 24 2015)

Alonso to travel to Malaysia (Monday March 23 2015)

Who will win in Malaysia? (Thursday March 19 2015)

2015 - Aus GP - Race result (Sunday March 15 2015)

Blog: Australian GP Report (Sunday March 15 2015)

Blog: Melbourne Qualifying (Saturday March 14 2015)

2015 - Aus GP - Qualifying result (Saturday March 14 2015)

2015 - Aus GP - FP3 result (Saturday March 14 2015)

Van der Garde drops Sauber dispute (Saturday March 14 2015)

Sauber boss could face prison (Friday March 13 2015)

2015 - Aus GP - FP2 result (Friday March 13 2015)

2015 - Aus GP - FP1 result (Friday March 13 2015)

Jordan to auction cars for charity (Thursday March 12 2015)

Blog: Melbourne Preview (Thursday March 12 2015)

Sauber lose van der Garde appeal (Thursday March 12 2015)

Hass will be ready for 2016 debut (Wednesday March 11 2015)

Hamilton resists Ferrari approaches (Tuesday March 10 2015)

2015 Formula One Drivers (Tuesday March 10 2015)

2014 F1 Driver Standings (Tuesday March 10 2015)

2014 F1 Constructor Standings (Tuesday March 10 2015)

Marussia cleared to race (Friday March 6 2015)

Lotus pleased with steps forward (Friday March 6 2015)

Alonso woke up in 1995 (Friday March 6 2015)

Alonso to miss out on Australia (Wednesday March 4 2015)

Archived Vital F1 Articles

List All Vital F1 Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Red5 1049
2. DJ 946
3. The Fear 771
4. Villaininthemerde 612
5. johnkelv 581
6. Druss_the_Legend 535
7. Push The Button 451
8. col8 334
9. The Intimidator 159
10. __villa__ 145

Current Site Poll (view all polls)

Will Hamilton remain with Mercedes?
Yes 62%
No - Move to Ferrari 38%
No - Move elsewhere 0%