HRT’s current owners, investment group Thesan Capital, today revealed they are looking to relinquish control just 16 months after buying the majority stake in the team from Jose Ramon Carabante.
A statement on HRT’s official website read: “The current owners of HRT Formula 1 Team would like to confirm that they are currently in talks with a number of groups.
“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. HRT Formula 1 Team hopes to communicate the name of its new owner in the upcoming weeks.
In pictures: Bend it like Mumbai yogini Natasha Noel
Photos: Varun, Taapsee, Jacqueline promote 'Judwaa 2' on 'Dance Plus 3'
Instagram's newest sensation: Check out these photos of Bruna Abdullah
Photos: This is how Chitrangda Singh looks without make-up
Photos: Malaika Arora parties wearing see-through lace dress