The HRTF1 Team's assets have reportedly been acquired by a parts recycler

It would appear that hopes of reviving the HRTF1 Team are now all but over, with news that the assets of the defunct Spanish team have been acquired by a parts recycler, while one of its 2011 F111 cars has been snapped up by Pirelli.

Most of the team’s assets have been snaffled up by Teo Martin, a well-known automotive component recycler, according to a report in the Spanish-language AS newspaper.

Pirelli has apparently acquired on of the 2011-spec HRTF1 carsBut a report in Reuters also claims that F1 tyre supplier Pirelli has acquired one of the outfit’s 2011-spec F111 challengers. Pirelli has not yet confirmed the report.

Currently, Pirelli conducts its F1 tyre tests using a 2010-spec Renault – hardly an adequate comparison to the 2013-spec cars in use today.

The HRTF1 Team shut down its operations shortly after the end of the 2012 season, after owners Thesan Capital opted to put the ailing team on the market.

There had been rumours that a consortium of American and Canadian investors had planned to revive the team under the ‘Scorpion Racing’ name, but predictably, we’ve heard no more on this…

Shop exclusively at the Store

The following two tabs change content below.

Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.