FORUMula1.com - F1 Forum

[LRW]

Anyone want to buy an F1 Team?

http://www1.skysports.com/formula-1/news/17584/8244862/HRT-have-been-put-up-for-sale

HRT have been put up for sale by then Spanish investment company, Thesan Capital, which took control of the team last July.

The backmarkers have struggled for funding since being annouced as one of three new teams to enter the sport in 2010 - changing hands and name three times in that period.

Since Thesan Captial took over last year, HRT have moved to new headquarters in Madrid as they looked to establish themselves as a 'Spanish national team.'

However, in a statement the investment company revealed they felt the time had come to sell the team to new investors.

'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," it read.

'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".'

[Nin-Chin]

[vlad]

Maybe someone rich could buy them and dump them after 3 seasons... Oh, wait... That already happened.

[stonemonkey]

We're convinced that the sporting potential of the team is huge

My bid's in.

[Jabberwocky]

I think this is good, if someone is willing to buy the team and put money behind them will only make them better. think about what they have achieved with so little.

[Hammer278]

Something tells me this has been their intention since Day 1...

[madbrad]

Well than my bet's on HRT winning the titles next year.

[Jabberwocky]

I bet you would get good odds on that

[LewEngBridewell]

Hopefully the team will be placed in highly capable and potentially competitive hands.

[Denthúl]

Hopefully the team will be placed in highly capable and potentially competitive hands.

Wanna split the cost?

[LewEngBridewell]

Hopefully the team will be placed in highly capable and potentially competitive hands.

Wanna split the cost?

Now that's a partnership I would relish.

What shall we call the team?

[andrew]

I feel this may not be a wise investment.

As such, I'm out.

[Denthúl]

Hopefully the team will be placed in highly capable and potentially competitive hands.

Wanna split the cost?

Now that's a partnership I would relish.

What shall we call the team?

Oh heck, I'm rubbish with names. You can name it, I want to pick the colours!

I feel this may not be a wise investment.

As such, I'm out.

You'll be sorry when Lew and I are rolling in the money and our HQ is packed to the roof with trophies!

[andrew]

I feel this may not be a wise investment.

As such, I'm out.

You'll be sorry when Lew and I are rolling in the money and our HQ is packed to the roof with trophies!

I'm holding out for an F1 team rather than a GP2 team.

[LewEngBridewell]

Hopefully the team will be placed in highly capable and potentially competitive hands.

Wanna split the cost?

Now that's a partnership I would relish.

What shall we call the team?

Oh heck, I'm rubbish with names. You can name it, I want to pick the colours!

Denthul Racing actually doesn't sound bad at all! What colours do you have in mind? Something to set us apart from the crowd. What happened to all the great colourful livieries?!?!