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HRT Formula 1 Team
HRT Formula 1 Team, formerly known as Campos Meta 1 and Hispania Racing, was a Spanish Formula One team founded by former driver Adrián Campos. It was sold to José Ramón Carabante before its debut in 2010, and then to investment group Thesan Capital in July 2011. It was the first Spanish team to race in Formula One; a previous effort known as "Bravo F1" failed to enter the sport in 1993.
In November 2012, HRT's owners announced that they were looking to sell the team. When they were unable to find a buyer before the deadline of 30 November, the team was subsequently omitted from the 2013 entry list.
The team began as a collaboration between Adrián Campos of Campos Racing and Enrique Rodríguez of Meta Image, under the name of Campos Meta. At the time, Campos Racing was running a team in the European F3 Open Championship and had formerly run the GP2 Series team subsequently known as Addax Team. Campos was running the Formula One operation in conjunction with Meta Image, a Madrid-based sports agency, who managed one of Campos' F3 Open drivers at the time, Bruno Méndez. Campos and Rodríguez began looking at the possibility of creating Spain's first Formula One team in February 2009. In March, the team gained shareholders such as Spanish businessman José Ramón Carabante and basketball players Pau Gasol and Jorge Garbajosa.
The team's headquarters were originally located at Meta Images's offices in Madrid, housing marketing and administration, while its technical centre is located at Campos Racing's headquarters in Alzira, Valencia. In October 2009 the team completed a deal with the local government of the Region of Murcia to build new facilities for the team at the Parque Tecnológico Fuente Álamo science park. Italian constructor Dallara built the 2010 cars in Parma, which used Cosworth engines.
On 12 June, Campos Meta were named by the FIA as one of three new teams granted entry to the 2010 season, along with US F1 Team and Manor Grand Prix.
On the weekend of the 2009 Abu Dhabi Grand Prix, Campos confirmed that Bruno Senna, the nephew of former world champion Ayrton Senna, would be one of their racing drivers for 2010.
On 22 December 2009, Bernie Ecclestone voiced concerns about the team's ability to be on the grid for the first race of the 2010 F1 season. In January 2010, A1 Grand Prix principal Tony Teixeira was one of several potential investors linked to the team in an effort to open up a revenue stream in the build-up to the 2010 testing season. Teixeira, who had previously been rumoured as a potential buyer of Honda at the end of 2008 has stated his intentions to make Campos the Formula One "arm" of the struggling A1 Grand Prix series. On 27 January, the team admitted that they may not be able to participate in the 2010 winter testing season at all and that their second driver may not be announced until the eve of their first race. Despite this admission, Teixeira claimed the team was aiming to make the second test session and believed that they would "definitely" make the third session at Jerez. However, it was reported in early February that Teixeira's proposed buy-out of the team was being met with resistance from the established teams.
On 5 February 2010, Campos boss Adrián Campos told BBC Sport that the team were struggling to find funding. It was paying the €7 million to Dallara stating that "sometime we have the money sometime we don't". He confirmed that the funding should be finalised and within place the following week. He also denied the fact that F1-hopefuls Stefan GP had taken the Campos' car stating that "we've got a contract and as long as we're paying the contract is valid". Later in February, speculation began to spread as to whether Campos would actually make the 2010 field, and the team admitted budgetary problems.
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HRT Formula 1 Team
HRT Formula 1 Team, formerly known as Campos Meta 1 and Hispania Racing, was a Spanish Formula One team founded by former driver Adrián Campos. It was sold to José Ramón Carabante before its debut in 2010, and then to investment group Thesan Capital in July 2011. It was the first Spanish team to race in Formula One; a previous effort known as "Bravo F1" failed to enter the sport in 1993.
In November 2012, HRT's owners announced that they were looking to sell the team. When they were unable to find a buyer before the deadline of 30 November, the team was subsequently omitted from the 2013 entry list.
The team began as a collaboration between Adrián Campos of Campos Racing and Enrique Rodríguez of Meta Image, under the name of Campos Meta. At the time, Campos Racing was running a team in the European F3 Open Championship and had formerly run the GP2 Series team subsequently known as Addax Team. Campos was running the Formula One operation in conjunction with Meta Image, a Madrid-based sports agency, who managed one of Campos' F3 Open drivers at the time, Bruno Méndez. Campos and Rodríguez began looking at the possibility of creating Spain's first Formula One team in February 2009. In March, the team gained shareholders such as Spanish businessman José Ramón Carabante and basketball players Pau Gasol and Jorge Garbajosa.
The team's headquarters were originally located at Meta Images's offices in Madrid, housing marketing and administration, while its technical centre is located at Campos Racing's headquarters in Alzira, Valencia. In October 2009 the team completed a deal with the local government of the Region of Murcia to build new facilities for the team at the Parque Tecnológico Fuente Álamo science park. Italian constructor Dallara built the 2010 cars in Parma, which used Cosworth engines.
On 12 June, Campos Meta were named by the FIA as one of three new teams granted entry to the 2010 season, along with US F1 Team and Manor Grand Prix.
On the weekend of the 2009 Abu Dhabi Grand Prix, Campos confirmed that Bruno Senna, the nephew of former world champion Ayrton Senna, would be one of their racing drivers for 2010.
On 22 December 2009, Bernie Ecclestone voiced concerns about the team's ability to be on the grid for the first race of the 2010 F1 season. In January 2010, A1 Grand Prix principal Tony Teixeira was one of several potential investors linked to the team in an effort to open up a revenue stream in the build-up to the 2010 testing season. Teixeira, who had previously been rumoured as a potential buyer of Honda at the end of 2008 has stated his intentions to make Campos the Formula One "arm" of the struggling A1 Grand Prix series. On 27 January, the team admitted that they may not be able to participate in the 2010 winter testing season at all and that their second driver may not be announced until the eve of their first race. Despite this admission, Teixeira claimed the team was aiming to make the second test session and believed that they would "definitely" make the third session at Jerez. However, it was reported in early February that Teixeira's proposed buy-out of the team was being met with resistance from the established teams.
On 5 February 2010, Campos boss Adrián Campos told BBC Sport that the team were struggling to find funding. It was paying the €7 million to Dallara stating that "sometime we have the money sometime we don't". He confirmed that the funding should be finalised and within place the following week. He also denied the fact that F1-hopefuls Stefan GP had taken the Campos' car stating that "we've got a contract and as long as we're paying the contract is valid". Later in February, speculation began to spread as to whether Campos would actually make the 2010 field, and the team admitted budgetary problems.