HRT owners put F1 team up for sale

THE ASSOCIATED PRESS

MADRID, Spain — The owners of HRT say they are in talks with a number of potential buyers to sell the Formula One team.

Thesan Capital SL, which has owned Hispania Racing Team since July 2011, said in a statement Monday that "the moment to let new investors come through for HRT Formula 1 Team has arrived."

The team is last in the drivers’ championship with neither Narain Karthikeyan of India or Pedro de la Rosa of Spain having scored a point in 18 races this season.

HRT started racing in 2010 after becoming the first Spanish team to be awarded an F1 license.

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