F1 » HRT finds buyer, but 2013 entry unlikely


Thesan Capital's bid to sell on the assets of HRT may have succeeded, but can Scorpion Racing really be on the grid in Melbourne?

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Owen Hamilton - Unregistered

January 30, 2013 8:19 AM

I think this would be good if it happens, F1 needs a US team in my opinion. If it is too late for this season I don't see that waiting until 2014 will make that much difference. They could spend this year designing a car for next year and if they can get some engines from Cosworth early then they could test as they aren't officially an F1 team until 2014 so they could actually gain an advantage on the likes of Marussia and Caterham.

The Vern - Unregistered

January 30, 2013 8:21 AM

Smells of Phoenix/Dart/Prost. If they have the money to support the venture, fair play but I hardly see much coming of the old HRT squad sadly. Also little comfort for all those who lost their jobs in Spain.

Taz

January 30, 2013 8:47 AM
Last Edited 687 days ago

You'd be quite frankly mad to buy in at that level unless you have Red Bull levels of private equity to throw at it.

Marussia might be the next to disappear.

Bernie wants rid of one of the minnows.

sokudo - Unregistered

January 30, 2013 8:48 AM

Hopefully they're able to succeed. As another poster said, this is of little comfort to the people who lost their jobs. However, a venture like this could provide jobs too. I don't see much coming from it unfortunately but if it does happen, I'd love to see a team called Scorpion Racing. That's a hell of a name haha

Oldtimer - Unregistered

January 30, 2013 10:37 AM

This smacks of complete madness, they cannot possibly be ready for this season and next season they will need to find an engine supplier as Cosworth is not going ahead with their engine unless funding can be found and I don't think for one minute that these peope have that kind of money. Better to wait for several years if they really want to do it and see how the land lies with the engine situation. As for BE a few weeks ago he was saying good riddence and now he's saying they can have an entry, now where have I heard that before?

Taz

January 30, 2013 12:18 PM
Last Edited 687 days ago

The headline is also misleading.

They are doing due diligence, that's a long way away from been a buyer. I'd suggest that "interested party" might have been closer to the truth.

@Oldtimer
Good point about bernie, he's made it known on plenty occasions that he's rather two of the b-teams disappeared.

richard

January 30, 2013 5:02 PM

hands up, anyone who thinks that this is a goer.

any investor wants a return for their money, and how could anyone get a return out of hrt?, this all smacks of pie in the sky. i wonder if this is another windy project, or has stefan become a naturalised yank?

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