HRT 2012

[cbbcisace]

they will recoup as much money as possible simple as that, lets hope its to some non bank people!

[wesley123]

Thesan is an investment group and I doubt them putting the team for sale when they dont think they can sell it with a profit. They have given HRT a new base, with new materials etc. etc. it is pretty much a new team, a team in a much better situation than it was before, I have no doubt that Thesan could sell it with a large profit

[FrukostScones]

Thesan is an investment group and I doubt them putting the team for sale when they dont think they can sell it with a profit. They have given HRT a new base, with new materials etc. etc. it is pretty much a new team, a team in a much better situation than it was before, I have no doubt that Thesan could sell it with a large profit

I highly doubt that. Apparently they are forced to sell.

[Huntresa]

Thesan is an investment group and I doubt them putting the team for sale when they dont think they can sell it with a profit. They have given HRT a new base, with new materials etc. etc. it is pretty much a new team, a team in a much better situation than it was before, I have no doubt that Thesan could sell it with a large profit

Yeah just beccause they have invested in stuff doesnt mean they will make a profit of the sale, they might break even but its not like they will earn from selling the team in the current state.

[Jackles-UK]

I can't say that i'm surprised at the re-sale (3rd in two years? Or 4th?). As much as I do feel sorry for the engineers/designers having to design and build a car on nothing more than desire and a gift card from Halfords you have to look at the marketing team and wonder what they are doing?!

Look at Caterham/Marussia this year, the Midland/Spyker in 06 and further back the Sauber/Jordan in the late 90's/early 00's and how they are covered in sponsors. Hell, even the Minardis from that era are plastered in company logos! I know it's difficult these days for sponsors but surely they could get something other than Nahrains Tata deal tied up? Maybe they should get a Mr Jordan on board

[element]

As a spaniard I hope the team stays in Madrid(or any other place in Spain), it's a pity, as much as I liked how the team started the season trying to consolidate and begin again... once again the team is for sale.
I feel for Pedro, who seemed really interesting in developing the team... I was tempted to apply for one of the job positions they had opened after I saw it posted long time... now I probably know why.

[fritticaldi]

Thesan wanted Luis Perez Sala as team principal. The costly home base in Madrid was unnecessary

[CHT]

Thesan is an investment group and I doubt them putting the team for sale when they dont think they can sell it with a profit. They have given HRT a new base, with new materials etc. etc. it is pretty much a new team, a team in a much better situation than it was before, I have no doubt that Thesan could sell it with a large profit

Yeah just beccause they have invested in stuff doesnt mean they will make a profit of the sale, they might break even but its not like they will earn from selling the team in the current state.

I think so too. considering whats happening to the economy in spain, board of director might have decided not to burn more money to finance the team. I honestly think it will be hard to find a buyer for team like HRT that doesnt have a solid infrastructure in place. Any big company who is keen in going into F1 will perhaps buy a mid field team that is based in UK or something.

[Forza]

In summer the Thesan group were in contact with potential investors but there was no deal. They reckoned that based on performance the price tag (around €30 Millions) was to high.

[Petroltorque]

I was never convinced that you could relocate a new start up to Spain and operate to a cost cap. All at a time when the Spanish economy had imploded. Instead of putting people with previous experience in charge they appointed novices, further compounding the problem.
I'd say if HRT are to survive Thesan Capital will have to accept a token fee and hand the team over to a buyer. There's no real infra structure. A buyer will have to source chassis, powertrain, and staff in short order if HRT are survive into next year. The odds of that happening seem to be lengthening by the minute.

[CHT]

With Austin and possible NJ, i am just wondering if any US company will be keen to acquire HRT. Perhaps US F1 Team can finally gain entry to the sport

[Cam]

With Austin and possible NJ, i am just wondering if any US company will be keen to acquire HRT. Perhaps US F1 Team can finally gain entry to the sport

It would be good to see a US team in full swing, just to see if they can actually compete, however I read somewhere that the Middle East is probably in the seat to buy and probably only ones with enough disposable cash to throw at long term project like this. It'll be interesting to see how it pans out.

[CHT]

With Austin and possible NJ, i am just wondering if any US company will be keen to acquire HRT. Perhaps US F1 Team can finally gain entry to the sport

It would be good to see a US team in full swing, just to see if they can actually compete, however I read somewhere that the Middle East is probably in the seat to buy and probably only ones with enough disposable cash to throw at long term project like this. It'll be interesting to see how it pans out.

Abu Dhabi already have interest in Ferrari, so the most likely Middle East country I can think of will Kuwait Investment teaming up with David Richard Prodrive and Aston Martin

[WhiteBlue]

http://joesaward.wordpress.com/2012/11/ ... -to-do-it/

Joe Saward predicts that there will be no HRT team in 2013. Btw that was his assessment when Thesan dropped Kolles and took the team to Spain. That always looked like a daft idea. Replacing a man who had demonstrated that he could do it successfully on a shoe string budget and replace him with amateurs who had no prior track record was a ridiculous idea. Next they threw away a ton of money by relocating from Bavaria to Spain, away from where it had successfully acquired competent suppliers and experienced staff. How was this to do anything but throw away money was causing some head scratching among people with a knowledge of the industry.

It is bad enough that they burned all their money for nothing but now the team is worse off than it were a year ago. The only credible alternative I see is for an investor is buying it for nothing, taking it back to Kolles, run it on a shoe string budget and hope that the entry attracts some value when the 2014 formula kicks in and hopefully attracts some manufacturers back into F1. That is what Thesan should have done in the first place.

[RB7ate9]

If a Middle East nation is in the rumor mill to buy HRT, perhaps Saudi Arabia? Or one of their egregiously wealthy companies/persons?

It would be interesting to see if HRT would be bought up by, say, a conglomerate of South American interests. The language barrier would be a minor hurdle (no vosotros, if my remedial Spanish from college is still with me) and the desire to bring F1 to the fore with drivers like Maldonaldo and Senna would easily garner home fans. HRT becomes Auto-Deportes del Sur Americano (ADSA?)

Otherwise, I wish some U.S. Billionaires would just buy the whole outfit, bring it to a facility in the States, and have engineers and drivers play around with it for a year and learn some solid fundamentals before storming the field in 2014.

Or Porche could buy it all up and use it for testing and then come in 2014