|reply to CylonRed |
Re: F1 Silly Season officially begins...
HRT is out:
quote:Nice to see they want to pay their debts...
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 just before the United States Grand Prix.
Attempts were made to find a buyer before the entry deadline. AUTOSPORT understands that Chinese company Chery Automobile among those involved in talks to save HRT.
Sources indicate that the team is now working to pay its creditors. The plan is for the team to shut down without unpaid debts.
"It drops into your stomach like a Abrams's tank.... driven by Rosanne Barr..." A. Bourdain