
HRT Formula 1 Team, formerly known as Campos Meta 1 and Hispania Racing, was a Spanish
Formula One
Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship ...
team founded by former driver
Adrián Campos. It was sold to
José Ramón Carabante
José Ramón Carabante (born 1952 in Málaga) is a Spanish businessman, who owned the Hispania Racing
Formula One team. Carebante owns a number of Spanish businesses including Grupo Hispania, a property management company with a variety of intere ...
before its debut in
2010, and then to investment group Thesan Capital in July 2011. It was the first Spanish team to race in Formula One; a previous effort known as "
Bravo F1" failed to enter the sport in .
In November 2012, HRT's owners announced that they were looking to sell the team. When they were unable to find a buyer before the deadline of 30 November, the team was subsequently omitted from the entry list.
History
Formation
The team began as a collaboration between Adrián Campos of
Campos Racing
Campos Racing is a Spanish motor racing team, founded by former Formula One driver Adrián Campos. The team has been successful in Formula Three and the GP2 Series.
History
After retiring from racing, Campos formed his own team at the end of 1 ...
and Enrique Rodríguez of Meta Image, under the name of Campos Meta. Campos Racing currently runs a team in the
European F3 Open Championship and used to run the
GP2 Series team known as
Addax Team
Addax, or Barwa Addax was a Spanish motorsport team owned by the bank Addax Capital, which competed in the GP2, GP3 and GP2 Asia Series.
Team history
GP2 Series
Barwa Addax was formed as a result of Alejandro Agag purchase of the Campos ...
. Campos was running the
Formula One
Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship ...
operation in conjunction with Meta Image, a
Madrid
Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), an ...
-based sports agency, who managed one of Campos' F3 Open drivers at the time,
Bruno Méndez. Campos and Rodríguez began looking at the possibility of creating Spain's first Formula One team in February 2009.
In March, the team gained shareholders such as Spanish businessman
José Ramón Carabante
José Ramón Carabante (born 1952 in Málaga) is a Spanish businessman, who owned the Hispania Racing
Formula One team. Carebante owns a number of Spanish businesses including Grupo Hispania, a property management company with a variety of intere ...
and basketball players
Pau Gasol and
Jorge Garbajosa
Jorge Garbajosa Chaparro (born December 19, 1977), also known as The Pornoplayer, is a Spanish former professional basketball player and the current president of the Spanish Basketball Federation. Standing at 2.07 m (6 ft 9 in), he pl ...
.
The team's headquarters were originally located at Meta Images's offices in
Madrid
Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), an ...
, housing marketing and administration, while its technical centre is located at Campos Racing's headquarters in
Alzira, Valencia. In October 2009 the team completed a deal with the local government of the
Region of Murcia
The Region of Murcia (, ; es, Región de Murcia ), is an Autonomous communities of Spain, autonomous community of Spain located in the southeastern part of the Iberian Peninsula, on the Mediterranean Sea, Mediterranean coast. The region is in ...
to build new facilities for the team at the Parque Tecnológico
Fuente Álamo science park
A science park (also called a "university research park", "technology park”, "technopark", “technopole", or a "science and technology park" (STP)) is defined as being a property-based development that accommodates and fosters the growt ...
. Italian constructor
Dallara built the 2010 cars in
Parma
Parma (; egl, Pärma, ) is a city in the northern Italian region of Emilia-Romagna known for its architecture, music, art, prosciutto (ham), cheese and surrounding countryside. With a population of 198,292 inhabitants, Parma is the second mos ...
, which used
Cosworth engines.
On 12 June, Campos Meta were named by the
FIA as one of three new teams granted entry to the 2010 season, along with
US F1 Team and
Manor Grand Prix.
On the weekend of the
2009 Abu Dhabi Grand Prix
The 2009 Abu Dhabi Grand Prix (officially the 2009 Formula 1 Etihad Airways Abu Dhabi Grand Prix) was the seventeenth and final Formula One motor race of the 2009 Formula One season. It took place on 1 November 2009 at the Hermann Tilke-designed Y ...
, Campos confirmed that
Bruno Senna, the nephew of former world champion
Ayrton Senna
Ayrton Senna da Silva (; 21 March 1960 – 1 May 1994) was a Brazilian racing driver who won the Formula One World Drivers' Championship in , , and . Senna is one of three Formula One drivers from Brazil to win the World Championship and wo ...
, would be one of their racing drivers for 2010.
Financial struggles and rebranding
On 22 December 2009,
Bernie Ecclestone voiced concerns about the team's ability to be on the grid for the first race of the 2010 F1 season. In January 2010,
A1 Grand Prix principal
Tony Teixeira was one of several potential investors linked to the team in an effort to open up a revenue stream in the build-up to the 2010 testing season. Teixeira, who had previously been rumoured as a potential buyer of
Honda
is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan.
Honda has been the world's largest motorcycle manufacturer since 1959, reaching a producti ...
at the end of has stated his intentions to make Campos the Formula One "arm" of the struggling
A1 Grand Prix series.
On 27 January, the team admitted that they may not be able to participate in the 2010 winter testing season at all and that their second driver may not be announced until the eve of
their first race. Despite this admission, Teixeira claimed the team was aiming to make the second test session and believed that they would "definitely" make the third session at
Jerez.
However, it was reported in early February that Teixeira's proposed buy-out of the team was being met with resistance from the established teams.
On 5 February 2010, Campos boss
Adrián Campos told
BBC Sport
BBC Sport is the sports division of the BBC, providing national sports coverage for BBC television, radio and online. The BBC holds the television and radio UK broadcasting rights to several sports, broadcasting the sport live or alongside ...
that the team were struggling to find funding. It was paying the €7 million to
Dallara stating that "sometime we have the money sometime we don't". He confirmed that the funding should be finalised and within place the following week. He also denied the fact that F1-hopefuls
Stefan GP
Stefan Grand Prix was a proposed Serbian Formula One team named after its creator, Zoran Stefanović. The team was attempting to compete in the 2010 Formula One World Championship. Its initial application was one of those rejected in July 2009 an ...
had taken the Campos' car stating that "we've got a contract and as long as we're paying the contract is valid". Later in February, speculation began to spread as to whether Campos would actually make the 2010 field, and the team admitted budgetary problems.
On 19 February, it was announced that majority shareholder
José Ramón Carabante
José Ramón Carabante (born 1952 in Málaga) is a Spanish businessman, who owned the Hispania Racing
Formula One team. Carebante owns a number of Spanish businesses including Grupo Hispania, a property management company with a variety of intere ...
had taken over full control of the team from Adrián Campos, who was also replaced as team principal by
Colin Kolles. The team was renamed to Hispania Racing F1 Team (HRT) ahead of their
first race, with the name taken from Grupo Hispania, one of Carabante's companies. The team's headquarters were moved from Meta Image's offices in Madrid to Grupo Hispania's offices in
Murcia
Murcia (, , ) is a city in south-eastern Spain, the Capital (political), capital and most populous city of the autonomous community of the Region of Murcia, and the List of municipalities of Spain, seventh largest city in the country. It has a ...
. On 4 March,
Karun Chandhok was confirmed as the team's second driver. The team launched their
Cosworth-powered,
Dallara-designed car later the same day; it was called the
F110.
2010 season
With no pre-season testing, the F110 completed its first laps during the weekend of the
2010 Bahrain Grand Prix. Senna's car was completed in time for him to complete three installation laps in the first free practice session. In the second session, he completed 17 laps, setting a best time over 11 seconds off the pace, but slid off the road after completing his final lap due to one of his car's wheels coming loose. Senna described the day's work as a "great start", considering the team's lack of preparation. By contrast, the mechanics were unable to make the clutch and gearbox on Chandhok's car work, and he did not complete any laps on Friday. In qualifying, Senna and Chandhok set the 23rd and 24th-quickest times to share the back row of the starting grid: Chandhok was finally able to complete his car's first laps in anger and set a time 1.7 seconds slower than his team-mate, who was in turn just over eight seconds behind polesitter
Sebastian Vettel. For the race, both cars started from the pit lane; Chandhok crashed out on the second lap and Senna retired on lap 18 with an overheating engine.
At the , the cars again occupied the back row of the grid, with Senna ahead of Chandhok. The F110s were both 6.6 seconds off the polesitter's time, but only 0.34 seconds behind the
Virgin of
Lucas di Grassi. Senna's car only lasted four laps of the race before retiring with a hydraulic failure, but Chandhok finished 14th and last for the car's first classified finish, albeit five laps adrift of winner
Jenson Button and three laps behind
Heikki Kovalainen's 13th-placed
Lotus
Lotus may refer to:
Plants
*Lotus (plant), various botanical taxa commonly known as lotus, particularly:
** ''Lotus'' (genus), a genus of terrestrial plants in the family Fabaceae
**Lotus flower, a symbolically important aquatic Asian plant also ...
. This was partly due to a damaged floor caused by Chandhok coming off the track twice during the race.
Hispania recorded its first double finish at the with Chandhok finishing in front of Senna, albeit 3 and 4 laps down respectively. The team repeated this feat at the with Senna in 16th and Chandhok 17th, the last of the cars still running.
The fifth start in
Spain
, image_flag = Bandera de España.svg
, image_coat = Escudo de España (mazonado).svg
, national_motto = '' Plus ultra'' ( Latin)(English: "Further Beyond")
, national_anthem = (English: "Royal March")
, ...
wasn't so successful for both Hispania drivers. Senna retired in the first corner after an accident, Chandhok remained on the track for 30 laps, then retired with a broken suspension. However the team's new test driver
Christian Klien drove for the team in first practice.
Hispania started well in
Monaco
Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign
''Sovereign'' is a title which can be applied to the highest leader in various categories. The word ...
, leapfrogging their rivals (Lotus and Virgin) at the start of the race. Senna later retired, but Chandhok was looking set to finish until he was involved in a frightening accident with
Jarno Trulli
Jarno Trulli (; born 13 July 1974) is an Italian racing driver. He regularly competed in Formula One from 1997 to 2011, driving for Minardi, Prost, Jordan, Renault, Toyota, Lotus Racing and Team Lotus. His best result in the World Drivers' C ...
who, when trying to overtake Chandhok, hit the side of the Hispania car and was sent over the top of it and into the barrier. Both drivers were unhurt. The crash almost cost
Mark Webber the race win as he was following the pair closely when the accident occurred.
In
Turkey
Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...
, the team's other test driver
Sakon Yamamoto completed the first practice session, setting the slowest time of the session.
On the eve of the at Silverstone, Hispania announced that Bruno Senna had been dropped for the race, and that test driver Sakon Yamamoto would take his place. However, it was announced that Senna would race after Silverstone, saying that they "want to confirm that Bruno Senna has all the support of the Spanish team" and "that he remains one of the Hispania Racing HRT F1 team's official drivers and that he will be continuing to drive in the remaining races." Yamamoto replaced Chandhok for the next four races, before being replaced by
Christian Klien for the due to
food poisoning. Yamamoto returned for the following two races, but was again replaced by Klien for the final two races of the season.
In 2020, Chandhok claimed that the battle between Campos and Dallara over the chassis payment led to the teams' display car being raced all season without any upgrades. As a result, the only alteration made to the cars all year was the movement of side-mirrors inboard ahead of a sidepod-mirror ban in China.
2011 season
Hispania parted company with Dallara in May 2010 after the partnership between the two companies had become tense due to the car's lack of performance. The team sought an alternative technical deal to assist in the construction of its chassis. When Hispania was still under the Campos name, team owner
José Ramón Carabante
José Ramón Carabante (born 1952 in Málaga) is a Spanish businessman, who owned the Hispania Racing
Formula One team. Carebante owns a number of Spanish businesses including Grupo Hispania, a property management company with a variety of intere ...
said in an interview with
Autosport
''Autosport'' is a global motorsport publishing brand headquartered based in Richmond, London. It was established in 1950 at the same time as the origins of the Formula One World Championship.
Autosport began life as a weekly magazine in 1950 ...
that Campos Meta F1/HRT were eyeing a
Ferrari engine supply for the season. Colin Kolles said in an interview with
Diario AS
''Diario AS'' () is a Spanish daily sports newspaper that concentrates particularly on football.
Profile
''Diario AS'' is part of PRISA which also owns ''El País'' and '' Cinco Días''. The paper particularly covers news of the Community of M ...
in July 2010, that talks about a partnership with
Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...
was an option for 2011. Kolles confirmed in October that the team had enough financing to complete its maiden
Formula One
Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship ...
campaign.

Former chief executive officer of
Telefónica
Telefónica, S.A. () is a Spanish Multinational corporation, multinational telecommunications company headquartered in Madrid, Spain. It is List of telephone operating companies, one of the largest telephone operators and List of mobile network ...
,
Juan Villalonga joined the team in November 2010. His main role is to help with communications, technology and sponsorship. It was later announced that the team would give a test to GP2 champion
Pastor Maldonado who later secured a drive with
Williams. Fellow GP2 drivers
Josef Král and
Davide Valsecchi
Davide Valsecchi (born 24 January 1987) is an Italian former racing driver and the 2012 GP2 Series champion.
Career
Formula Renault
Valsecchi drove in Renault-based series from 2003 to 2007, rising from Italian Formula Renault and the Formula R ...
will also test for the team in
Abu Dhabi. After the final race of the 2010 season, it emerged that Hispania had signed a deal in the summer of 2010 with Toyota Motorsport GmBH which would have seen it use Toyota's never-raced 2010 car, the
Toyota TF110
The Toyota TF110 was an un-raced, prototype Formula One car designed by Toyota Racing for the 2010 Formula One season. The car had been designed, and two chassis produced before Toyota officially decided to pull out of Formula One at the end of ...
, as the basis of its 2011 challenger as well as making use of Toyota Motorsport's technical resources. In November 2010, Toyota announced that they had cancelled the agreement because HRT failed to make payments. In December 2010 there were reports that the team has been placed up for sale, but had been denied by its owners. Hispania also left the
Formula One Teams Association at this point, blaming the organisation's bias against the smaller teams for its decision. The FOTA secretary-general, however, claimed that Hispania was expelled from the organisation because it did not pay its 2010 membership fee.

On 6 January,
Narain Karthikeyan announced that he would drive for Hispania in the 2011 season. He previously drove for the
Jordan
Jordan ( ar, الأردن; tr. ' ), officially the Hashemite Kingdom of Jordan,; tr. ' is a country in Western Asia. It is situated at the crossroads of Asia, Africa, and Europe, within the Levant region, on the East Bank of the Jordan Ri ...
team in . By February, it had emerged that the team was considering
Vitantonio Liuzzi as an option for their second driver. Liuzzi confirmed that it was in consideration and took part in the third pre-season test with the team, in
Barcelona
Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within ...
. The team also tested former
Formula Renault V6 Eurocup champion
Giorgio Mondini at Barcelona. Liuzzi was confirmed as Hispania's second driver on 9 March 2011.
The team's 2011 car, the
Hispania F111 made its debut during the second practice session of the , with Vitantonio Liuzzi completing an installation lap three minutes before the end of the session. The 2011 season saw the re-introduction of the
107% rule, and in qualifying, both drivers failed to score a time under the 107% of the pole. In
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
, the team showed improved pace, with Liuzzi only half a second from the slowest of the Virgin cars. Both cars were within 107% of the polesitter's time, and were thus able to take the start of the race. However both cars retired with technical problems. In
China, Liuzzi and Karthikeyan qualified again, and completed the race as the last two classified finishers in 22nd and 23rd respectively.
In
Turkey
Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...
, Liuzzi started the race in front of both Virgins, but finished 22nd thanks to brake problems, with Karthikeyan in 21st.
Spain
, image_flag = Bandera de España.svg
, image_coat = Escudo de España (mazonado).svg
, national_motto = '' Plus ultra'' ( Latin)(English: "Further Beyond")
, national_anthem = (English: "Royal March")
, ...
saw both cars starting ahead of
Jérôme d'Ambrosio
Jérôme D’Ambrosio (born 27 December 1985) is a Belgian former professional racing driver, motorsport executive and former Team Principal of Venturi Racing in Formula E.
He has previously driven for Marussia Virgin Racing and Lotus F1 in ...
, but meanwhile Karthikeyan finished 21st, Liuzzi retired with gearbox problems; in
Monaco
Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign
''Sovereign'' is a title which can be applied to the highest leader in various categories. The word ...
, both drivers crashed in practice and did not enter qualifying, but were allowed to start the race by the stewards. Liuzzi finished 16th and Karthikeyan 17th, taking advantage of multiple retirements. In
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tota ...
, the team achieved their best result with both drivers finishing in 13th and 14th positions, placing them ahead of Virgin in the Constructors' Championship. However, Karthikeyan was hit with a post race penalty for cutting a chicane during the race, which dropped him to 17th place. At
Valencia
Valencia ( va, València) is the capital of the autonomous community of Valencia and the third-most populated municipality in Spain, with 791,413 inhabitants. It is also the capital of the province of the same name. The wider urban area al ...
, Liuzzi and Karthikeyan finished 23rd and 24th.
On 4 July 2011, it was announced that
Thesan Capital
In Etruscan Religion and mythology, Thesan is the Etruscan goddess of the dawn, divination, and childbirth and was associated with the generation of life. Romans identified her with their Aurora and Mater Matuta and Greeks with Eos and Leucothea. ...
, a
Madrid
Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), an ...
-based investment company purchased a controlling stake in the team from owner
Jose Ramon Carabante
Jose is the English transliteration of the Hebrew and Aramaic name ''Yose'', which is etymologically linked to ''Yosef'' or Joseph. The name was popular during the Mishnaic and Talmudic periods.
*Jose ben Abin
*Jose ben Akabya
*Jose the Galilean ...
. Thesan Capital announced the team's operations would continue as they had before the purchase, and that they had no plans to change the team name or alter its operational structure. In a statement released to the media, Thesan Capital described their intentions as making the team "more Spanish" and settling the team within Spain.
For the , Karthikeyan was replaced by Red Bull protégé
Daniel Ricciardo. He qualified 24th with Liuzzi in 23rd, and they finished 19th and 18th respectively. Ricciardo again finished 19th in
Germany
Germany, officially the Federal Republic of Germany (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the sou ...
, while Liuzzi retired. In
Hungary
Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croa ...
, Liuzzi finished 20th and Ricciardo 18th. Despite not setting a time within 107% of the best time in Q1, both cars were allowed to race in
Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to ...
. Liuzzi finished 19th and Ricciardo retired with a vibration in his car. In
Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...
, Liuzzi lost control at the start after making contact with Kovalainen, slid across the grass, cut the first corner and slammed sideways in to
Vitaly Petrov and
Nico Rosberg
Nico Erik Rosberg (born 27 June 1985) is a German-Finnish former professional racing driver. He competed in Formula One from 2006 to 2016, winning the World Drivers' Championship in with Mercedes-AMG Petronas Motorsport. The only child of Fin ...
, taking all three out of the race.
On 22 October 2011, a few days before the inaugural Indian Grand Prix, Hispania announced that Karthikeyan would drive in place of Liuzzi rather than Ricciardo. Despite picking up damage in the first lap of the race, Karthikeyan managed to beat Ricciardo by 31.8 seconds in the race to finish 17th. Liuzzi returned to replace Karthikeyan for the final two races.
Hispania finished 11th in the World Constructors' Championship, ahead of Virgin.
2012 season

On 21 November 2011, it was announced that
Pedro de la Rosa
Pedro Martínez de la Rosa (; born 24 February 1971) is a Spanish former Formula One driver who has participated in 107 Grands Prix for the Arrows, Jaguar, McLaren, Sauber and HRT teams. He made his Formula One debut on 7 March 1999, becomin ...
had signed for the team on a two-year contract. On 14 December 2011, the team announced that team principal Colin Kolles was leaving, effective from the following day, "due to the new direction that the team has taken and the decision of the new management to move the team headquarters to Spain". He was replaced by
Luis Pérez-Sala
Luis Pérez-Sala Valls-Taberner (born 15 May 1959) is a Spanish former racing driver who competed in Formula One, Formula 3, Formula 3000 and Touring Cars. He was also the team principal of HRT Formula 1 Team during the 2012 F1 season.
Pérez ...
.

In February 2012 it was announced that the team would move its operations to the
Caja Mágica
La Caja Mágica ''( es, The Magic Box)'' (also known as the Manzanares Park Tennis Center) is a multi-purpose stadium located in Madrid, Spain. Since 2009, it has been the home of the Madrid Open tennis event, and as of 2019, the home of the Dav ...
complex in
Madrid
Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), an ...
, using 11,000 square metres.
The team's car, the
F112, was originally scheduled to complete its first running during the second pre-season test in
Barcelona
Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within ...
in late February, but was delayed due to the car failing mandatory crash tests. At the , de la Rosa and Karthikeyan were not permitted to race, as both drivers failed to set a lap time within 107% of the fastest time in the first part of qualifying.
On 12 November 2012, the team's owner Thesan Capital confirmed that they were in talks with several parties in regard to the sale of the Spanish outfit.
Team closure
In November 2012, the owners of HRT F1 announced that they were putting the team up for sale. The team needed to find a buyer by 30 November – the date by which entry fees for the 2013 were due to be paid – or else face closure and a departure from the sport. HRT failed to find a buyer in time, and the team was omitted from the 2013 entry list. They were later reported to be in
liquidation
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistr ...
. Despite bids to purchase and revive the team under a new name, their assets were ultimately sold to
Teo Martín, owner of a firm specialising in recycling automotive parts. Martín intends to race the cars in the
EuroBOSS Series
The BOSS GP Series is a motor racing series in Europe. The category originated in 1995 as the BOSS Formula series and evolved into the EuroBOSS Series.
BOSS is an acronym that stands for ''Big Open Single Seaters''.
History
The BOSS series w ...
.
Czech driver
Josef Král later stated that he had signed a contract to race for the Spanish team if it had made the grid for
2013
File:2013 Events Collage V2.png, From left, clockwise: Edward Snowden becomes internationally famous for leaking classified NSA wiretapping information; Typhoon Haiyan kills over 6,000 in the Philippines and Southeast Asia; The Dhaka garment ...
.
Complete Formula One results
(
key
Key or The Key may refer to:
Common meanings
* Key (cryptography), a piece of information that controls the operation of a cryptography algorithm
* Key (lock), device used to control access to places or facilities restricted by a lock
* Key (ma ...
) (results in bold indicate pole position; races in ''italics'' indicate fastest lap)
;Notes:
* – The driver did not finish the Grand Prix, but was classified, as he completed over 90% of the race distance.
References
External links
Official website(Defunct link)
{{Formula One constructors
Formula One constructors
Formula One entrants
Spanish auto racing teams