A group of Canadian and American investors are pushing to try and secure HRT's entry slot in Formula 1, AUTOSPORT can reveal, but they may have to wait until 2014 before being allowed to join the grid.
Sources have revealed that negotiations to purchase the HRT company and secure an entry are at an advanced stage, and the plan for a team known as Scorpion Racing appears to have the blessing of F1 supremo Bernie Ecclestone.
However, AUTOSPORT understands that the FIA believes the 12th entry slot for 2013 was closed off when it was informed at the end of last season that HRT had been liquidated.
Although the governing body is aware of the plans for Scorpion Racing, it does not appear to have any intention of making a special case to allow another team in for 2013 because the entry deadline closed last November.
The investors behind Scorpion Racing are hoping to complete due diligence of the buy-out plans in the next few days.
That means the viability of their plans should become clearer by the end of the week.
Scorpion is hoping to run its effort from a facility at Silverstone, using updated HRT F112 cars that will be powered by Cosworth engines and use a Williams gearbox.
AUTOSPORT has learned that discussions have taken place with Ecclestone about the idea, and he indicated to the outfit in a letter last weekend that if its takeover of the HRT assets was complete then it should get an entry to F1.
Ecclestone wrote to the Scorpion Racing investors saying: "Have you bought the HRT company? Because if you have, they [the FIA] would be accepting you."
It is not clear if there is any mechanism for Scorpion to secure a place on the grid if it can convince the FIA that it has the funding and technical capability to compete in 2013.
Maybe they want to buy their factory? If getting HRT cars go in deal for buying factory i dont see why wouldn't they.beelsebob wrote:I don't understand what's to be gained buying HRT. They have two cars that are out of spares, and won't be legal in 2014 anyway. The chassis will need to be redesigned to mate to a new engine. They have a bunch of designs which are likely dodgy legally due to HRT's habit of screwing people over and not paying them. Even if the designs are in the clear legally, they're not really much better than a GP2 car. I'd think that setting yourself off by buying a decently successful, still running, GP2 team would actually give you a better basis. It would give you a bunch of competent engineers, and people who understood how to build a good car. You can go forward for 2014 from there reasonably.
raymondu999 wrote:Wasn't the factory on lease, and defaulted?
I wonder what it costs to run a top-3 indy/nascar team for a year.WilliamsF1 wrote:Bernie should be really looking to poach an indycar/nascar team to really get a firm US footing
So much for F1 being pinnacle of motor sportLurk wrote: edit: Pre-CoT figures
http://auto.howstuffworks.com/auto-raci ... -cost2.htm
$25M for main sponsor, let's say 2 $5M secondary sponsors: $35M dollars for 65-70% cost covering. So $50M per car.
2 cars should be very close to Sauber budget.