In an announcement that is likely to quash much of the speculation over the team's future, financially-troubled F1 2010 newcomer Hispania Racing (HRT) has revealed that it will benefit from Williams gearboxes next season.

The struggling Spanish outfit has not even come close to threatening the points-scorers this year and has operated something of a revolving-door policy with regard to drivers, having to promote pay-driver Sakon Yamamoto to a race seat at the expense of Karun Chandhok mid-season on economic grounds.

There have even been repeated rumours that HRT will not make it into a second campaign at the highest level, so difficult is its situation - but Williams' pledge to support the team in 2011 via its transmission systems should ensure the Murcia-based operation is still a fixture on the grand prix grid this time next year. The arrangement will extend for the lifecycle of the current Cosworth engine technology.

"This technical partnership is a significant step forward for Hispania Racing to improve its performance," remarked team principal Dr. Colin Kolles. "We are very happy to do this with an engineering company and racing team like Williams F1, which has an impressive track record and astonishing heritage."

"This is a logical partnership given Williams and Hispania's mutual relationship with Cosworth," added the Grove-based concern's CEO, Alex Burns. "Our gearbox technology has consistently proven itself as both competitive and reliable, and hence this agreement will be a positive development for both organisations."