HRT assets to become Scorpion Racing?

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phil1993
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HRT assets to become Scorpion Racing?

Post by phil1993 » 12 Nov 2012, 16:06

Remember how Bernie said that HRT hadn't yet paid the entry fee..?
http://www.f1zone.net/news/hrt-searchin ... ale/16659/

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Re: 2013 Formula One Discussion

Post by iceman1 » 12 Nov 2012, 16:13

AUTOSPORT understands the team came close to a sale to a Middle East-based buyer at the end of last month, and that talks are still ongoing.


That's a good news. I hope they can hire me :lol:

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Re: 2013 Formula One Discussion

Post by phil1993 » 12 Nov 2012, 16:17

iceman1 wrote:
AUTOSPORT understands the team came close to a sale to a Middle East-based buyer at the end of last month, and that talks are still ongoing.


That's a good news. I hope they can hire me :lol:


:lol:

I hope they get the investment they need. But I fear for them because they're isolated being in Spain and their economy isn't good at all. It would be good if they got that Middle East investment because you only have to look at what Middle Eastern money has done in football (success of Manchester City, PSG and Malaga) to see that it can work.

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Re: 2013 Formula One Discussion

Post by zoefrances » 12 Nov 2012, 18:28

it will be interesting to see who buys the hrt team.

iceman it is true that middle east need a driver in f1 to keep them interested in it.

moto gp is the same, it has a big market in asia but needs rider's from japan and malaysia to keep this market interested. alot of rider's are finding that your passport will get you a ride. if you do not have the right passport then you won't.

motorsport is a cutthroat businesss

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Re: 2013 Formula One Discussion

Post by donald29 » 12 Nov 2012, 19:46

I wonder where this would leave Pedro? Because with Schumacher gone, if he lost his drive there would be no drivers left who drove in the 90s...

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Re: 2013 Formula One Discussion

Post by phil1993 » 12 Nov 2012, 19:51

Even if the team survives - and it's a big if - I would expect him to be replaced by a pay driver.

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Re: 2013 Formula One Discussion

Post by donald29 » 12 Nov 2012, 19:56

That's what I meant. His contract would probably be void.

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Re: 2013 Formula One Discussion

Post by KevC » 13 Nov 2012, 09:55

I was thinking, I suspect HRT might have a big problem finding a buyer this year as the rules will change in 2014. Why would you buy a load of assets that aren't really useful; a massively out of date car, some rented offices in Spain, a few spanners etc to get your entry, build a car at vast expense for 2013 only to have to throw 90% of it away for the big changes in 2014.

I think they'll find it very hard to find a buyer. The alternative would be to just pay the entry fee for the grid with a view to having a clear 18 months of development to enter in 2014. That would be the sensible option for Bernie (because no one is going to miss HRT not being there for a season) with a view to having a new team with a reasonable car on the grid for 2014. At least that stands a better long term chance. I'm amazed HRT have lasted as long as this to be honest.

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Re: 2013 Formula One Discussion

Post by iceman1 » 13 Nov 2012, 18:06

I hope HRT stays or at least Maria Serrat (Head of Communication) :drool:
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Re: 2013 Formula One Discussion

Post by phil1993 » 14 Nov 2012, 14:45

Time to write negatively, sadly, as I have a look at HRT staring into oblivion
http://www.f1zone.net/news/sorry-hrt-st ... ion/16675/

More from Joe
http://joesaward.wordpress.com/2012/11/ ... e-for-hrt/

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Re: HRT searching for new owners

Post by phil1993 » 17 Nov 2012, 13:12

Seems that
- Work has shut down
- A deal with a Qatari owner fell through
- The team will officially close on November 26th
- It's not a lack of money, just that Thesan Capital are bored

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Re: HRT searching for new owners

Post by donald29 » 17 Nov 2012, 13:16

From what Crofty said on commentary sounds like much of the team is bored. They're just fed up, they want to go racing and don't see what they're currently doing as racing.

If you exclude USF1, am surprised all the new teams have lasted this long. HRT will be forever remembered as a bad joke.

When HRT said they might not be able to qualify earlier it reminded me of Arrows at Magny Cours in 2002. If there's no financial trouble though, it seems like they might genuinely not be fast enough.
Last edited by donald29 on 17 Nov 2012, 13:21, edited 1 time in total.

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Re: HRT searching for new owners

Post by phil1993 » 17 Nov 2012, 13:19

Well, they've always been at around 105-106% of Q1 pace. They're not the worst team ever, but there's no progress. Even the likes of Minardi could sometimes challenge the cars ahead.

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Re: HRT searching for new owners

Post by iceman1 » 17 Nov 2012, 17:24

phil1993 wrote:- It's not a lack of money, just that Thesan Capital are bored

They're bored because they're not making any profit from this. F1 is just a pure business for them.

Here's what Gerard Lopez has to say about his Lotus team!
“Our involvement in Formula One is only possible if the numbers add up. At the moment they do.

“But if that is no longer the case, then we would have to think like business people and ask ourselves the question: ‘is this still interesting for us, or not?’”

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Re: HRT searching for new owners

Post by phil1993 » 17 Nov 2012, 17:50

Yeah, so why invest in the worst F1 team :lol:

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