Hispania Racing Team owner José Ramón Carabante has all but confirmed speculation that his struggling outfit is set to start a technical tie-in with Toyota from the 2011 season.
Under the two-year agreement, HRT – whose technical partnership with this year’s chassis builder, Dallara, has been terminated – will use Toyota’s GQ and windtunnel, staff and the designs of its as-yet unraced TF110 car.
Carabante was at further pains to stress that this would not predicate a move from its Murcia headquarters, with the autonomous Spanish province also a principal sponsor of the outfit.
Spain’s EFE news agency is reporting assurances from Carabante that the team will remain in Spain – even with a Toyota tie-in – “because the project was born here”.
The deal, rumoured to be worth €15M, “will strengthen Hispania in the battle to be the best of the new teams, which is our first goal”, he added.
[Original image via Yalla F1]