HRT Formula 1 Team for Sale and Already Has Interested Buyers

Thesan Capital SL, the owners of the Hispania Racing TeamHispania Racing TeamSpain, 2009 > present1 model
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Formula 1 Team, have confirmed that the team is for sale in a press release. 

"The current owners of HRT Formula 1 Team, TC II S.a.rl., would like to confirm that they are currently in talks with a number of groups interested in buying the team. HRT Formula 1 Team’s current management hopes to conclude the sale in the upcoming weeks and, with it, enable the team to continue progressing and become a reference in modern-day Formula 1 after the important achievements already accomplished in this 2012 season. HRT Formula 1 Team hopes to communicate the name of its new owner in the upcoming weeks," said the release. 

According to Autosport, the team is in on-going negotiations with a Middle East-based buyer.

"We believe the moment to let new investors come through for HRT Formula 1 Team has arrived. We’re very proud of the work done by the entire team and of the excellent sporting evolution achieved but the time has come for the team to continue growing with new financial backing," said the team's management. 

HRT has race in Formula 1 since 2010 but has never scored a point.