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Old 12-11-2012, 18:34   #411
denphone
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Re: Formula 1 2012 season

HRT owners Thesan expect to sell team 'in coming weeks'

http://www.bbc.co.uk/sport/0/formula1/20302796

Quote:
Back-of-the-grid Formula 1 team HRT have been put up for sale by their Spanish owners.
Private equity firm Thesan Capital bought HRT last summer and this year moved it to new headquarters in Madrid.
A statement from HRT on Monday said Thesan was "in talks with a number of groups interested in buying the team".
It added that they hoped to conclude a sale "in the coming weeks and with it enable the team to continue progressing and become a reference in modern F1".
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