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The day has come for HRT Formula 1 Team to officially open its doors to the new headquarters at the Caja Mágica in Madrid. The team has been preparing the move since last winter and even decided to skip the most recent Formula One test at Mugello to complete the move to Madrid.
its an exercise of how not to run an F1 team! does it beat the USF1 Owners standards?Petroltorque wrote:A really interesting exercise is to go to the beginning of this thread and see who was predicting disaster for this Thesan Endeavour. It's an eye opener.
USF1 achieved the same result without having to spend as much money. Last rites on HRT should be said on Monday, I hear!cbbcisace wrote:its an exercise of how not to run an F1 team! does it beat the USF1 Owners standards?Petroltorque wrote:A really interesting exercise is to go to the beginning of this thread and see who was predicting disaster for this Thesan Endeavour. It's an eye opener.
Do you have any more info? We Chinese tend to stick together and know a lot about each other - though we don't know every other Chinese businessman, we tend to know OF them.cbbcisace wrote:still hearing new Chinese Owners!
They are accordingly taking on what HRT had the Caja Magica (5 Year Lease), all the staff if they get there contracts renewed, the 2013 car stopped about 3 weeks ago when sale got announced, its what they pick up from there, if they do pick it up, it needs more investment full stop!Petroltorque wrote:
I am left asking what are they buying? The lease on the Caja Magica is about to lapse, The staff have been made redundant. They stopped work on the 2013 car weeks ago.cbbcisace wrote:still hearing new Chinese Owners!
Im not saying they would repeat the same business plan, but with limited time available you go with what you can and move on, if they have to move again in the summer break to the UK for example then so be it.Petroltorque wrote:I'm sorry but this sounds like madness. Why would any investor repeat a business plan that has palpably failed. Any investor would probably have to double what Thesan wasted just to get this project up to spec. Plus they have the added problem of getting a car to participate in preseason testing. You can no longer build up your car in the Melbourne garage.
