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: teo martin , scorpion , assets , HRT

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
Martin Brundle
Martin Brundle
Martin Brundle
Aston Martin
23.11.2013- Qualifying, Martin Whitmarsh (GBR), Chief Executive Officer Mclaren
23.11.2013- Free Practice 3, Martin Whitmarsh (GBR), Chief Executive Officer Mclaren
17.11.2013- Race, Martin Whitmarsh (GBR), Chief Executive Officer Mclaren and Vijay Mallya (IND), Chairman and Managine Director Force India
03.11.2013- Martin Whitmarsh (GBR), Chief Executive Officer Mclaren and Pedro De La Rosa (SPA) Ferrari test Drive
03.11.2013- Martin Whitmarsh (GBR), Chief Executive Officer Mclaren
01.11.2013- Free Practice 2: Martin Whitmarsh (GBR), Chief Executive Officer Mclaren
01.11.2013- Free Practice 2: Martin Whitmarsh (GBR), Chief Executive Officer Mclaren
01.11.2013- Press Conference: Cyril Abiteboul (FRA) Caterham F1 Team Principal; Paul Hembery (GBR) Pirelli Motorsport Director; Graeme Lowdon (GBR) Marussia F1 Team Chief Executive Officer; Franz Tost (AUT) Scuderia Toro Rosso Team Principal; Claire Williams (GBR) Williams Deputy Team Principal; Martin Whitmarsh (GBR) McLaren Chief Executive Officer
26.10.2013- Free practice 3: Martin Whitmarsh (GBR), Chief Executive Officer Mclaren

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 - 2014 Crash Media Group

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