From GMM
HRT team owner Jose Ramon Carabante has denied reports the Spanish team is for sale or close to collapse.
"We will be in Bahrain and also the February test in Valencia," he said in an interview with the print edition of Spanish newspaper El Mundo.
A team spokeswoman had already denied the Spanish reports about Hispania Racing being in dire trouble due to not having a car following the termination of a deal with Toyota Motorsport GmbH.
"Just like the other teams, our car is moving forward and we are negotiating with drivers," added Carabante.
He admitted F1 is currently "complicated" with regards to external sponsorships. But Carabante said the sport is still a valuable business to be in.
"F1 opens doors and creates international contacts. It helps your business so I guarantee I will not give it up easily because there are only 12. It's a global franchise."
He insists he does not regret his F1 foray, despite being the least competitive team in 2010 and beating only Virgin in the constructors' championship.
"It's difficult right now but better times will come. We are negotiating with parters either as investors or sponsors. But I have never thought about selling. I will always keep 51 per cent," said the Spaniard.
HRT team owner Jose Ramon Carabante has denied reports the Spanish team is for sale or close to collapse.
"We will be in Bahrain and also the February test in Valencia," he said in an interview with the print edition of Spanish newspaper El Mundo.
A team spokeswoman had already denied the Spanish reports about Hispania Racing being in dire trouble due to not having a car following the termination of a deal with Toyota Motorsport GmbH.
"Just like the other teams, our car is moving forward and we are negotiating with drivers," added Carabante.
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| Bruno Senna - Photo WRi2 |
He admitted F1 is currently "complicated" with regards to external sponsorships. But Carabante said the sport is still a valuable business to be in.
"F1 opens doors and creates international contacts. It helps your business so I guarantee I will not give it up easily because there are only 12. It's a global franchise."
He insists he does not regret his F1 foray, despite being the least competitive team in 2010 and beating only Virgin in the constructors' championship.
"It's difficult right now but better times will come. We are negotiating with parters either as investors or sponsors. But I have never thought about selling. I will always keep 51 per cent," said the Spaniard.