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HRT fails to find buyer before deadline
The HRT Formula 1 team looks set to officially close down after failing to find a buyer before the FIA's deadline for 2013 entries on Friday. The squad was absent from the 22-car entry list published by the governing body on Saturday. HRT had been put up for sale by owner Thesan Capital in October. Attempts were made to find a buyer before the entry deadline. AUTOSPORT understands that Chinese company Cherry Automobile among those involved in talks to save HRT. Sources indicate that the team is now working to pay its creditors. HRT was originally launched as Campos Meta1 by former F1 driver Adrian Campos when the FIA invited new entries for the 2010 season. But its first reconstitution...
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12y ago from AutoSport.com
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