HRT

[Figure8]

From Autosport

Toyota aborts HRT collaboration

By Jonathan Noble Monday, November 15th 2010, 17:40 GMT

HRT's plans to link up in a technical partnership with Toyota have been aborted after the Japanese manufacturer announced it had terminated its deal with the new team.

It is understood that HRT was looking at a deal that would see it use the Toyota's team's planned 2010 car as the basis for next year's challenger - as well as having use of certain facilities at the Cologne factory.

However, in a statement issued on Monday, Toyota Motorsport announced that the plans had been killed off because payments had not been made.

"Toyota Motorsport GmbH (TMG) confirms that all cooperation with Hispania Racing F1 Team (HRT) has been terminated and will not resume," said the statement.

"TMG retains all intellectual property rights to its current F1 car and is completely free to pursue other projects and support new customers for its high-performance engineering services.

"TMG regrets that HRT has not met its contractual payment obligations and will pursue all available options to reach a satisfactory conclusion to this matter."

[marcush.]

what a blow right between the eyes....
So in effect Willis was working on the adaption with Toyota ? i tseems they had a contract in place for some time if now they severe their ties and pursue ways to claim the money they are owed...
To me that´s almost like two legs cut off from HRT in one hit....who would work with them now ...even if advance payment is a fact for them nobody would opt for HRT if they had another option.

[Giblet]

HRT is basically just a grid spot for sale now. I'm surprised they made it to every race this year to be honest.

[doopie2you]

HRT is going to make it

[void]

it's simple, HRT need to buy a pair of GP2 chassis.

[Byronrhys]

Bring on Mitsubishi F1 Team, hear they wanna push their hybrid/ electric side of cars more.