Madrid, 12th of November 2012
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.
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. 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”.