F1 »

Scorpion bid in doubt as HRT assets sold?

The last vestiges of the defunct HRT F1 team have been acquired by a Spanish parts recycler, casting doubt on Scorpion Racing's bid to join the grid.
Reports that American-based concern Scorpion Racing was looking to relaunch the HRT F1 operation have been clouded by claims that a Spanish auto parts recycler has acquired the remaining team assets, including cars.

Spanish newspaper Diario AS reports that veteran parts supplier Teo Martin has struck a deal to purchase two 2012-spec cars, two from 2011, a wind tunnel model, truck, tools, and both machinery and furniture from HRT's short-lived home at the Caja Magica in Madrid. The only things apparently not included in the list of acquisitions are the team's Cosworth engines and Williams gearboxes, all of which have been returned to their original suppliers.

The cost of the purchase has not been revealed, but the fact that it has taken place casts doubt on the viability of Scorpion's plans to enter the F1 world championship in future.

Details of the American-Canadian consortium's bid came to light at the end of last month, with the process having reached the due diligence stage. Scorpion had expressed an interest in filling the vacant twelfth entry for 2013 but, under advisement from Bernie Ecclestone, appeared to switch its focus to 2014. With a new set of regulations coming into force next season, Scorpion may have decided that it had little need for cars and engines that would not be able to race, but claims that Martin has acquired 'all assets of use' appears to hint at a complete u-turn across the Atlantic.

The former HRT headquarters in Madrid has apparently been completely dismantled, leaving no trace of its erstwhile occupant..

Tagged as: HRT , assets , scorpion , teo martin

Related Pictures

Click on relevant pic to enlarge
23.11.2012- Free Practice 2, Narain Karthikeyan (IND) HRT Formula 1 Team F112
25.03.2012- Race, Narain Karthikeyan (IND) HRT Formula 1 Team F112
Free Practice 3: Pedro de la Rosa (ESP) HRT Formula 1 Team F112
01.03.2012  HRT with a new motorhome
12.05.2012- Free Practice 3, HRT Formula 1 Team F112
Aston Martin
06.09.2015 - Race, Jean Todt (FRA), President FIA
Martin Brundle`s ultimate F1 layout - in Scalextric!
Martin Brundle and Frankie Dettori
23.05.2015- Pirelli presents the new 18
23.05.2015- Pirelli presents the new 18
Martin Whitmarsh, McLaren, Ben Ainslie Racing [Credit: BAR Sailing]
07.09.2014 - Race, Valtteri Bottas (FIN) Williams F1 Team FW36
27.07.2014- Race, Martin Brundle (GBR) and Daniel Ricciardo (AUS) Red Bull Racing RB10, race winner
18.07.2014- Free Practice 1, Martin Charlie Whiting (GBR), Race director and safety delegate
Nico Hulkenberg (GER) Sahara Force India F1 with Martin Brundle (GBR) Sky Sports Commentator.
17.07.2014. Formula 1 World Championship, Rd 10, German Grand Prix, Hockenheim, Germany, Preparation Day.
20.04.2014- Podium, winner Lewis Hamilton (GBR)  with Martin Brundle (GBR)
20.04.2014- Podium, winner Lewis Hamilton (GBR) Mercedes AMG F1 W05, 2nd Nico Rosberg (GER) Mercedes AMG F1 W05, 3rd Fernando Alonso (ESP) Scuderia Ferrari F14T and Martin Brundle (GBR)

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.

Nanbawan - Unregistered

February 14, 2013 9:01 PM

"Super Aguri tried and failed to do" Hmm, Super Aguri rather did a good job on that IMV, they were even doing a better job than the official Honda in their second year before being killed in the nest for just that reason. Something which is also said to have triggered Honda's departure when the japanese wanted to to more with Super Aguri and it appeared that Fry and Brackley were somewhat sabotaging this effort.

© 1999 - 2016 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.