New owner already making changes at HRT - report

By on Tuesday, July 19, 2011

Jul.19 (GMM) HRT's new owner is already making changes at the struggling Spanish team.

The sports daily AS reports that the team's former owner is no longer involved in any way, contrary to earlier speculation that Jose Ramon Carabante's son Jose would be installed in a senior management role.

The newspaper also said new owner Thesan Capital, a Madrid-based investment company, has dispensed with the team's media boss Alba Saiz.

And the team name Hispania will no longer be deployed by Thesan in formula one, as a new silver logo bearing the words 'HRT Formula One Team' is debuted.

AS said the immediate changes are the result of an analysis carried out by Thesan since early July, involving the visit to Silverstone of former Minardi driver Luis Perez Sala.

The report also said Thesan was upset with the way its takeover was announced by Hispania, such as the claim that the "current team and directors" would be retained.

More changes and the team's new image are expected to become clearer at the Nurburgring this weekend, AS added.


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