News Details
HRT sacks staff and seeks buyer to avoid closure
Nov.13 (Reuters) Spanish-based Formula One backmarkers HRT are up for sale and talks are ongoing with a number of groups interested in buying the team, owners Thesan Capital said in a statement on Monday.
The team, who have yet to score a point in three years, have Indian Narain Karthikeyan and Spanish veteran Pedro De la Rosa as their two current drivers in a season that ends later this month.
HRT said on their website (www.hrtf1team.com) that the owners hoped to conclude a sale in the next few weeks.
'We believe the moment to let new investors come through for HRT Formula One Team has arrived,' it quoted team management as saying.
'The time has come for the team to continue growing with...
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13y ago from YallaF1.com
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