Reporting from the Ragged Edge
Cosworth is a current engine supplier to Formula One. Its customers are Marussia and HRT, the teams that came second last and last in 2012. It seems, however, that HRT's days in Formula One are over, which halves Cosworth's F1 customer base. How long will it be before Cosworth disappears from Formula One altogether? Formula... Continue Reading →
It seems all but certain now that there will be only 11 teams on the Formula One grid in 2013, after Sky Sports reported today that HRT began to liquidate assets in November. The struggling Spanish team was put up for sale before the season-ending Brazilian Grand Prix by owners Thesan Capital, but has not... Continue Reading →
HRT is currently for sale, and the general impression in Formula One is that buyers are not exactly queuing up. Considering that the team's history consists of three thoroughly uncompetitive seasons, that is perhaps not so surprising. But the sale of the team does present an interesting opportunity to the existing big teams. Each of... Continue Reading →
Thesan Capital, the current owners of HRT Formula 1 Team, have made public their intention to sell the team in a statement on the team's website yesterday: "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... Continue Reading →
After a very wet Friday at Spa last week, it was with relief that 24 drivers took to the track at Monza in bright sunshine this morning. It was a morning of firsts, with Jerome D'Ambrosio participating in his first timed session for Lotus in place of the banned Romain Grosjean, and Ma Qing Hua... Continue Reading →
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